Affordable Housing Stabilization Fund 2022 NOFA Release

August 16, 2022

in Central Oregon, Industry News, Mid-Willamette Valley, Portland/SW Washington, SWV News,

Oregon Housing and Community Services (OHCS) is pleased to announce the release of the Affordable Housing Stabilization Fund - Notice of Funding Availability (NOFA). The Affordable Housing Stabilization Fund is a $5 million non-competitive grant program to help affordable housing providers who have outstanding debt as a result of tenant nonpayment of rent from April 1, 2020, to April 30, 2022.

Grant recipients must use any grant funding to alleviate the debt owed by tenants from this period. These resources have been provided by the Oregon Legislature and are being offered statewide through the designated program administrator, Home Forward.

Program materials, important dates, and information can be found on the Home Forward website: http://homeforward.org/content/affordable-housing-stabilization-fund

Complete applications must be submitted via the Affordable Housing Stabilization Fund portal by 5 p.m. (Pacific Standard Time) on September 16, 2022.

Affordable Housing Stabilization Fund Portal link: https://portal.homeforward.org/Account/AffordableHousingStabilizationFundRegistration

Applicants are encouraged to submit their applications as soon as possible. Questions regarding this NOFA should be submitted to AHSF@homeforward.org.

Upcoming NOFA Webinar

Affordable Housing Stabilization Fund Informational Webinar – August 22, 2022, 11 a.m.

The NOFA webinar will be recorded and posted on the Affordable Housing Stabilization Fund website.