Housing Development Program Details


Program Summary

The National Housing Trust Fund program (HTF) is a federal resource that MaineHousing allocates to developers to provide funding for the creation of affordable rental housing within the State of Maine for extremely low income (30% or less of Area Median Income) households for a minimum of 45 years. The source of funds for this RFP is the federal Housing Trust Fund.  For 2019,  MaineHousing is making up to $5,400,000 of HTF funds available under this RFP. The maximum award per project is $900,000.

 

All applicants will be required to describe the extent to which they can address one or more of the following Consolidated Plan priorities: 

  • Improve Housing Quality,
  • Expand the Supply of Affordable Housing,
  • and/or Help Maine People Attain Housing Stability

Eligible activities and expenses include: Eligible forms of assistance include:
  • Real property acquisition
  • Site improvements and development hard costs
  • Related soft costs
  • Demolition
  • Financing costs
  • Relocation assistance
  • Operating cost assistance for rental housing
  • Reasonable administrative and planning costs
  • Equity investments
  • Interest-bearing loans or advances
  • Non-interest bearing loans or advances
  • Interest subsidies
  • Deferred payment loans
  • Grants
  • Other forms of assistance approved by HUD


Please see the Consolidated Plan Link Icon for more details.



Eligibility

You may be eligible if you:

  • Are a not-for-profit organization.
  • Are a municipality.
  • Are a Tribal Housing Authority
  • Are a Public Housing Authority


More Info

Please review the MaineHousing 2019 Supportive Housing RFP Document Download Icon.  For additional information, please contact us:


Development Department

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Phone Icon (207) 626-4634




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