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Housing Finance & Development
Email Updates
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Second 811 Property Manager/Owner Information Session Added
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Due to high demand, we have added an second 811 Manager/Owner Information Session on Tuesday, March 15, 2016 from 1:30PM-3:30PM. The session will provide information on process, regulations and implementation. Due to limited space, there is a registration limit of two per company. There is no cost to attend this event but registration is required. Please email Sandy Wyckoff with any questions.
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GA TCAP Revolving Loan Fund RFQ
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DCA is issuing a Request for Qualifications (RFQ) to implement the Georgia TCAP Revolving Loan Fund (the Fund) pilot program. This RFQ will first qualify Community Development Financial Institutions (CDFIs) to be considered for the program. The RFQ will also select specific partners to help develop and undertake the Fund. Ultimately, the Fund will provide investments for the construction, rehabilitation, development and financing of affordable housing developments (single-family, multifamily, home-ownership or rental).
DCA currently has approximately $8 million of TCAP program income available to undertake the Revolving Loan Fund pilot program, with portions of funds set aside for both urban and rural communities. DCA intends to deploy at least 35% of these funds in rural areas. DCA seeks to make these funds available to qualified CDFIs to lend externally (no recapitalization of internal funds) through the fund. All proposed uses of the Fund's monies must work within DCA's guiding priorities outlined in the TCAP Statement of Values (available at the link below). While DCA will work with the selected CDFIs to develop the specific focus and structure of the Fund, the funds must ensure housing affordability for a minimum period of 15 years for households at or below 80 percent of area median income (AMI). Additional information regarding the purpose and goals for DCA TCAP funds and the RFQ are available at http://www.dca.ga.gov/housing/HousingDevelopment/programs/gatcap.asp.
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CHDO Workshop
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DCA is holding a CHDO Workshop on Wednesday, March 9th, from 9:30AM-11:30AM. DCA will review CHDO program requirements, the 2016 CHDO Application, and hold a Q&A. Due to limited space, DCA asks that each project team plan on sending only one representative. Please arrive at DCA by 9:20AM. We look forward to working with CHDO's in the 2016 Funding Round. There is no cost to attend this event but registration is required. Please email Drew Swope with any questions.
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2016 QAP Questions & Answers
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DCA is accepting questions pertaining to the 2016 Qualified Allocation Plan. You can find the 2016 Round Q&A Form on the Qualified Allocation Plan Documents 2016 web page. Please send the completed form to hfdround@dca.ga.gov. All answers to general questions will be posted on the DCA website. All answers to project specific questions will be sent to the email address listed on the Q&A form.
The last day to submit questions is Friday, May 13, 2016.
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Upcoming Events and Deadlines
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March 3, 2016CDBG, ESG, HOPWA Public Comment Deadline March 9, 2016
CHDO Workshop
March 15, 2016
811 Property Manager/Owner Information Sessions March 17, 2016Pre-Application Deadline May 13, 2016Q&A Submission Deadline June 9, 20169% Application Deadline
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The Georgia Department of Community Affairs is committed to providing all persons with equal access to its services, programs, activities, education and employment regardless of race, color, national origin, religion, sex, familial status, or disability.
For reasonable accommodations or alternate format information please contact Sandy Wyckoff at 404-679-0670 or email sandy.wyckoff@dca.ga.gov.
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Georgia Department of Community Affairs
Housing Finance and Development Division
60 Executive Park South, NE
Atlanta, GA 30329
404-679-4840
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