Updated 11/20/20.  Within the next 30 days, the Los Angeles Housing + Community Investment Department (HCIDLA) will release updated “Draft Multifamily Regulations” for public comment. HCIDLA will accept public comments for a minimum of 14 days from the date of release. 

In early 2021, HCIDLA will issue a Notice of Funding Availability (NOFA). The purpose and timing of this NOFA will be to allocate $72 million in City subsidy (subject to funding availability) and to support projects proposing to apply for Low Income Housing Tax Credits (LIHTC) in 2021 Round 2 and 2022 Round 1. Depending on funding availability, admittance into the pipeline may be extended to projects proposing 4% LIHTC. 

Please note, HCIDLA’s support for California Tax Credit Allocation Committee 2021 Round 1 is limited to projects already in HCIDLA’s pipeline. 

(Visited 1,426 times, 1 visits today)

Comments are closed.