Funder: Florida Housing Finance Corporation
Due Dates (Anticipated): December 2026 (Pre-application request) | February 2027 (Advance review) | March 2027 (Application)
Funding Amounts: Estimated $17,975,071 available; SAIL loans up to the lesser of $375,000 per unit or $8,987,535 per development
Summary: SAIL financing supports nonprofit developers creating smaller, new-construction permanent supportive housing developments for persons with special needs.
Key Information: At least 70% of units must serve persons with special needs and at least 20% must serve homeless households for 30 years.
Description
Florida Housing Finance Corporation administers this competitive State Apartment Incentive Loan (SAIL) opportunity for nonprofit applicants developing smaller permanent supportive housing properties in Florida. It finances new housing rather than research. Intended residents may be living in residential facilities, experiencing homelessness, or living in the community without affordable permanent rental housing that supports housing stability and coordinated access to community-based healthcare and supportive services.
Developments must follow Housing First principles and make voluntary, free, on-site community-based services coordination available to residents. The program combines long-term affordability and demographic commitments with accessibility requirements tailored to the populations served. Small and medium counties receive priority in funding selection.
