Description
The Executive Office of Housing and Livable Communities (HLC) is announcing a Notice of Funding Availability (NOFA) for the Winter Rental Round 2026. The NOFA is seeking applications from eligible sponsors for affordable housing projects that will provide hundreds of new affordable rental units and help preserve existing affordable units. The resources available under this NOFA include federal and state Low-Income Housing Tax Credits, HOME Investment Partnerships Program funds, National Housing Trust Fund, Affordable Housing Trust Fund, and other resources. The deadline for submitting pre-applications is December 2, 2025, and the deadline for full applications is March 19, 2026.
• The minimum number of units for a project seeking tax credits is 20.
• The minimum number of units for projects that do not need tax credits is typically eight.
• Sponsors must apply through HLC's Intelligrants system.
• The evaluation criteria include the percentage of units reserved for Extremely Low-Income (ELI) units, strength of overall concept, strength of development team, and degree to which the project maximizes sustainable development principles.
• HLC intends to achieve geographic distribution in the awards made under this NOFA.
• A maximum of $5 million in subsidy funds will be set aside for rural projects that meet all the criteria included in this NOFA.