Loan Closing Questions
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Application, General Program, and Standard Agreements Questions
Notice of Funding
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Upon completed construction of your project and closing of your HCD permanent loan, oversight of your project and loan is transferred to HCD's Reporting and Compliance: Loan Programs section.
Senate Bill 3 (Chapter 365, Statues 2017) authorized the Veterans and Affordable Housing Bond Act of 2018 (Proposition 1). This measure was adopted by voters on November 6, 2018. It authorizes the issuance of bonds in the amount of $1.5 billion for the Multifamily Housing Program (MHP).
Deferred payment loans:
*MHP funds will be provided for post-construction permanent financing only.
18.3 percent set-aside for Senior Projects.
To the extent possible, no less than approximately:
Rental Housing Development:
Project Types:
*Projects are not eligible if construction has commenced as of the application date.
Sponsors or their principals must have successfully developed at least one affordable housing project:
*A Sponsor is an Applicant.
MHP Round 4 Standard Agreement Boilerplate
NOTE: View sample documents use and liability disclaimer on our Condition of Use page.
NOTE: These documents may be revised for Proposition 1 funding.
December 2020 (Round 3) Final Point Score and Awardee List (PDF)
January 2020 (Round 2) Final Point Score and Awardee List (XLS)
