Transit-Oriented Development Housing Program NOFA & Guidelines Now Available

The California Department of Housing and Community Development (HCD) just released the Round 4 Transit-Oriented Development (TOD) Housing  Program Guidelines and the Notice of Funding Availability (NOFA) for approximately $141  million in TOD Housing Program funds. The primary goal of the TOD Program is to promote public transit ridership and stimulate affordable housing developments near transit stations. Under the program, low-interest loans are available as gap financing for rental housing developments that include affordable units. In addition, grants are available to cities, counties, and transit agencies for infrastructure improvements necessary for the development of specified housing developments or to facilitate connections between these developments and the transit station. Applicants must submit applications by July 30, 2020 by 5:00 p.m. Register to attend a TOD Program NOFA Application webinar: Webinar May 19, 2020 9:00 a.m. – 12:00 p.m. Register Webinar May 27, 2020 1:00 p.m. – 5:00 p.m. Register In addition, HCD will post a PowerPoint presentation on the TOD Housing Program webpage. Questions? Email TOD@hcd.ca.gov.

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