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HUD High Performing Agency
The San Diego Housing Commission (SDHC) takes pride in its ability to negotiate partnerships with developers to expand San Diego's inventory of affordable housing. Since 1981, the Commission has contributed more than $1 billion in loans and bond financing to projects that produced more than 20,600 affordable housing units of which 12,662 are affordable. This is an average of approximately $79,000 in SDHC financing per affordable unit produced.
The agency’s Real Estate Division uses a variety of methods and financial tools to create new affordable housing, including:
Financial Participation & Lending
To make it financially attractive and feasible for developers to create affordable housing, SDHC offers a number of incentives, which include:
SDHC has issued the Fiscal Year 2017 Notice of Funding Availability (NOFA) – Affordable Rental Housing Development to identify qualified and experienced organizations to construct, acquire, or acquire and rehabilitate affordable rental housing in the City of San Diego for households with incomes of 30 to 60 percent of San Diego’s Area Median Income (AMI), currently $25,500 to $51,000 a year for a family of four.
This NOFA sets aside funding from diverse Federal and Local funding sources, such as the City of San Diego's Housing Trust Fund and Federal HOME Investment Partnerships Program funds granted by the U.S. Department of Housing and Urban Development to the City of San Diego and administered by SDHC, for the creation of affordable rental housing.
Applications for funding will be considered based on the threshold requirements and preference/priorities set in the NOFA. The NOFA is an open application process until all available funds have been committed by SDHC.
FY 2017 Notice of Funding Availability
FY 2017 NOFA General Application
Release of Rental Housing NOFA: October 27, 2016NOFA Application Period: Open while funding is available
If you have questions about the NOFA, please contact Tina Kessler at firstname.lastname@example.org.
1122 Broadway, Suite 300, San Diego, CA 92101
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