2027-103 Housing Credit and SAIL Financing to Develop Housing for Homeless Persons
Florida Housing Finance Corporation supports research-driven development of supportive housing for homeless individuals and families through the 2027-103 Housing Credit and SAIL Financing grant.
Funder: Florida Housing Finance Corporation
Due Dates: October 16, 2026 (Pre-Application Experience Form) | October 27, 2026 (Pre-Application Meeting Request) | January 19, 2027 (Application Deadline)
Funding Amounts: Up to $6,465,000 in 9% Housing Credits and up to $17,845,000 in SAIL loans available; maximum $3M–$3.465M per project in credits, SAIL capped at $115,000/unit and $6.25M/project, plus ELI funding up to $1M/project.
Summary: Supports the development of new or rehabilitated affordable housing for homeless individuals and families in Florida, leveraging federal Housing Credits and State Apartment Incentive Loan (SAIL) funds.
Key Information: Only non-profit applicants proposing new construction in eligible Florida counties may apply; strict set-aside and compliance requirements apply.
Description
This program, administered by the Florida Housing Finance Corporation, provides a combination of competitive 9% Housing Credits and State Apartment Incentive Loan (SAIL) financing to non-profit organizations for the development of permanent supportive housing targeting homeless individuals and families. The initiative aims to expand affordable housing options, promote long-term housing stability, and foster community integration for vulnerable populations. Projects must primarily involve new construction in designated medium and large counties across Florida and must meet significant affordability and demographic set-aside commitments.
