The Affordable Rental Housing Development Program provides financial support to developers to build or rehabilitate affordable rental housing. Eligibility for funding includes providing rental housing units to low-income households and the demonstrated ability to develop and manage the rental housing project. Other eligibility requirements may apply. Funding awards may need City Commission approval.
If funds are available, the city offers the three types of funding awards listed below. Each type of funding has its own application.
- Application for Loan Pursuant to RFA 2022-201;
- Application for Grant Pursuant to RFA 2022-205; and
- Application for Grant Pursuant to LHAP.