RFA 2026-206 HOME And Live Local SAIL Financing To Be Used For Rental Developments In Rural Areas Of Opportunity
Forecasted
Florida Housing Finance Corporation’s RFA 2026-206 grant funds new, sustainable affordable rental housing in rural Areas of Opportunity using combined HOME and Live Local SAIL financing.
Funder: Florida Housing Finance Corporation
Due Dates (Anticipated): January 2027: Advance Review Process & CHDO documentation deadline (projected) | January 2027: Application deadline (projected)
Funding Amounts: Up to $7,000,000 per project in HOME funds plus $1,500,000 in Live Local SAIL per award; approx. $35M HOME and $7M SAIL total available; 50-year affordability commitment required.
Summary: Supports new affordable rental housing developments in designated rural Areas of Opportunity across Florida using combined HOME and Live Local SAIL financing.
Key Information: This is a forecasted opportunity; all dates are projected and subject to change.
Description
This program, administered by the Florida Housing Finance Corporation, funds the development of new affordable multifamily rental housing in Florida's designated Rural Areas of Opportunity (RAOs). Through a competitive Request for Applications (RFA) process, applicants can secure financing via a combination of federal HOME Investment Partnerships Program funds and state Live Local SAIL (State Apartment Incentive Loan) funding. The goal is to increase and preserve affordable rental options, stimulate local economies, and support sustainable growth in rural communities most in need of quality housing.
