​​​The Department of Housing and Community Development provides financing for the development and preservation of affordable rental housing in priority funding areas. Sponsors of affordable rental housing developments, both non-profit and for-profit, can access a variety of financing tools to meet the specific needs of their project. Funding through the Federal Low Income Housing Tax Credit and Rental Housing Programs are awarded through competitions held once or twice annually. Other programs accept applications throughout the year and award funding based on readiness to proceed.

​To download application documents, go to the Multifamily Document Library.

To find updates from the Community Development Administration (CDA), go to the CDA eNews Library​. CDA eNews provides updates on DHCD’s community development efforts, homeownership production initiatives, energy programs, and broadband projects, as well as spotlights on CDA partners.

Multifamily Rental Financing Programs

• Multifamily Bond Program
• Low Income Housing Tax Credits​
• Rental Housing Program
• Rental Housing Works
• HOME Investment Partnerships Program
• National Housing Trust​

Targeted Financing Programs

• Partnership Rental Housing Program
• Section 811 Project Rental Assistance Program
• Group Home Program
• Shelter and Transitional Housing Facilities Grant Program​​

Single Family Production Programs

• UPLIFT ​(Utilizing Progressive Lending Investments to Finance Transformation)​
  

Multifamily Programs Reports​

​To view reports, go to the Multifamily Programs Reports​.​