RFA 2026-103 Housing Credit and SAIL Financing to Develop Housing for Homeless Persons
Forecasted
RFA 2026-103 Housing Credit and SAIL Financing to Develop Housing for Homeless Persons supports nonprofits building housing in Florida to help homeless households and people with special needs secure stable homes.
Funder: Florida Housing Finance Corporation
Due Dates (Anticipated): November 2026 (Pre-application request / experience form) | January 2027 (Advance review) | January 2027 (Application)
Funding Amounts: Estimated program funding: $6.1 million in 9% Housing Credits, $12.5 million in SAIL, and $3,157,295 in forgivable HOME-ARP loans
Summary: Financing for nonprofit-led new construction serving homeless households and persons with special needs in eligible Florida counties.
Key Information: Applicants must commit to 50-year affordability and demographic set-asides.
Description
Florida Housing Finance Corporation administers this competitive multifamily financing opportunity to develop housing for homeless households, including a portion of units for persons with special needs. It combines 9% Housing Credits, State Apartment Incentive Loan (SAIL) financing, and HOME funding provided through the American Rescue Plan (HOME-ARP). The program addresses the need for stable housing and coordinated access to community-based healthcare and supportive services, including for individuals living in more restrictive settings because suitable housing is unavailable.
The opportunity supports nonprofit-led developments consisting entirely of new construction in eligible medium and large Florida counties. Florida Housing seeks to distribute financing geographically over time, using four regions aligned with local Homeless Assistance Continuums of Care. The funding-selection goals include developments in the Central and Tampa Bay regions, with a preference for serving both medium and large counties.
