2027-103 Housing Credit and SAIL Financing to Develop Housing for Homeless Persons
2027-103 Housing Credit and SAIL Financing to Develop Housing for Homeless Persons supports nonprofits building permanent supportive housing in Florida to give homeless individuals and families stable homes.
Funder: Florida Housing Finance Corporation
Due Dates: October 27, 2026 (Meeting request) | December 16, 2026 (Hold meeting) | January 19, 2027, 3:00 p.m. Eastern Time (Application and fee)
Funding Amounts: Estimated $6,465,000 in 9% Housing Credits and $17,845,000 in SAIL financing
Summary: Financing for nonprofit applicants developing new permanent supportive housing for homeless households in eligible Florida counties.
Key Information: Commit at least 50% of units to homeless households and 20% to persons with special needs for 50 years.
Description
Florida Housing Finance Corporation combines competitive 9% Housing Credits with State Apartment Incentive Loan (SAIL) financing to develop permanent supportive housing for homeless individuals and families. The program supports nonprofit applicants proposing entirely new construction in designated medium and large Florida counties, including units for persons with special needs. It addresses the need for stable housing and coordinated access to community-based healthcare and supportive services, including for people living in more restrictive settings because suitable housing is unavailable.
Florida Housing distributes opportunities across four regions over time. This cycle aims to fund at least one homeless development in each of the North and South regions, with a preference for funding at least one development in a large county and one in a medium county.
