Affordable Housing, Announcements, Community Development, State News

CHAMP 4 NOFA Released

Connecticut Department of Housing
 

The Competitive Housing Assistance for Multifamily Properties 4 (CHAMP 4) Notice of Funding Availability (NOFA) has been released. The Department of Housing (DOH) intends this round of funding for the owners of existing affordable rental developments and developers of proposed new affordable multifamily rental developments to promote the creation and/or preservation of affordable multifamily rental housing in Connecticut.

$25 million is anticipated to be available through this NOFA and may include Housing Trust Fund Program (HTF) funds and/or Affordable Housing Program (FLEX) funds. No development will receive more than $5 million under this NOFA.  Applicants under this NOFA may also simultaneously apply for financial assistance from the Connecticut Housing Finance Authority (CHFA), including taxable bond or tax exempt bond financing and 4% low-income housing tax credits.

Applications for funding under this NOFA, including, if applicable, all materials required by CHFA must be submitted electronically through the State of Connecticut's Biznet user portal no later than Monday, December 16, 2013 at 4:00 p.m.  Prior to December 16, 2013, applicants may contact Ms. Muniz via email at helen.muniz@ct.gov with any questions. 

The NOFA can be viewed here (upload document).  Copies of the NOFA may be obtained in hard copy by contacting Marilyn Taylor of DOH by phone at (860) 270-8161 or by email at Marilyn.taylor@ct.gov.

 

 
 

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