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CALIF. HCD CANCELS OPEN NOFAs FOR PROPOSITION 46 & 1C

Wednesday, February 2, 2011 - 8:00AM

The California Department of Housing and Community Development (HCD) has cancelled all open and unawarded notices of funding availability (NOFAs) for Proposition 46 and 1C until further notice. The HCD says the move is a result of Gov. Jerry Brown’s proposed state budget, which would freeze general obligation bond-funded programs. Additionally, the HCD will not offer any new NOFAs for the following programs until further notice: Multifamily Housing Program; Multifamily Housing Program Supportive Housing Component; Homeless Youth; Governor’s Homeless Initiative; CalHome Development Project Loan; and Housing Related Parks. HCD says that properties that have already received awards will not be affected by the freeze.

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