2019 National Housing Trust Fund Notice of Funding Availability

Notice of Funding Availability; National Housing Trust Fund

THDA announces availability of $3,039,651 to award to Public Housing Authorities and Non-Profit Developers to implement eligible affordable rental housing development activities under its FY2019 National Housing Trust Fund Program Description approved by the THDA Board of Directors on July 23, 2019. Eligible rental housing development activities include the acquisition and/or rehabilitation of units or the new construction of units for rent to extremely low income persons (<30% of area median income). Organizations must be licensed to do business in Tennessee and may serve any community in Tennessee.

Application Workshop

THDA will hold four application workshops for this funding opportunity: dates, locations, and times shown in the table below. Interested organizations are strongly encouraged to attend the application workshop. If you are interested in attending any of these workshops, please RSVP no later than Monday, August 12th with the name of your organization and the number of attendees to blord@thda.org.

Eligible Applicants
Applicants must be a public housing authority or non-profit developer or who will be the owner/general partner of the proposed project. THDA will review organizational letters of existence and licensure to operate in Tennessee as part of the application review process.

Grant Amount
The maximum National Housing Trust Fund grant is $900,000. Applicants must apply for a minimum of $250,000.

Grant Period The 2019 National Housing Trust Fund grant period will begin February 1, 2020, and will end January 30, 2023.

Application Deadline
Applications for the 2019 National Housing Trust Fund Grantmust be received by THDA on or before 4:00 PM CDT on Thursday, October 3, 2019. THDA anticipates notifying successful applicants by December 15, 2019.

Technical Assistance to ApplicantsInterested organizations are encouraged to contact THDA in advance of the application deadline to review program requirements and to ask specific application questions. THDA welcomes requests from any organization seeking a one-on-one discussion concerning the program and application requirements. Organizations should contact Bill Lord, Manager of THDA’s National Housing Trust Fund Program, at blord@thda.org or (615) 815-2018.

Further Information

THDA will release further information on our website over the next few weeks, including all application documents. Please check our web site at https://thda.org/business-partners/nhtf. You will also find attached to this email a copy of the Program Description. If you have questions as you review these requirements or if you would like to schedule an appointment for a program overview, please contact Bill Lord, Manager of THDA’s National Housing Trust Fund Program, at blord@thda.org or (615) 815-2018.

The Program Description and Application will also be available on the THDA website at https://thda.org/business-partners/nhtf.

Please feel free to forward this notice to any qualified organization that you feel may be interested.

If you have any additional questions, please feel free to reach out to Bill Lord, NHTF Program Manager at the contact information provided above. We look forward to meeting with each of you next month!

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