Application materials for the PRP NOFA must be submitted electronically via the application portal on the Department’s website by the date specified in the table below. The Application period for this NOFA has closed.
| Item | Timeline |
|---|---|
| 2023 NOFA Release | December 28, 2023 |
| Application Release | January 11, 2024 |
| Application OTC Period Begins | March 28, 2024 |
Deadline for Set-Aside Applications |
The Portfolio Reinvestment Program (PRP) aims to preserve existing HCD-funded affordable housing projects by extending and restructuring affordability agreements; extending loan maturity dates; providing new low-interest long-term loans for rehabilitation; and providing forgivable loans to capitalize short-term operating subsidies.
Date: Every other Monday, starting September 9, 2024
*Except on holidays.
Time: 10 a.m. – 11 a.m.
Join us online – Click on the link on the date and time of event.
In 2017, Governor Brown signed a 15-bill housing package aimed at addressing the state’s housing shortage and high housing costs.
PLHA provides funding to local governments in California for housing-related projects and programs that assist in addressing the unmet housing needs of their local communities.
The program provides formula grants to entitlement and non-entitlement jurisdictions and competitive grants to non-entitlement jurisdictions.
NOTE: The Competitive Component NOFA is closed.