RFA 2026-212 Housing Credit Financing to Provide Affordable Multifamily Rental Housing That Is a Part of Local Revitalization Initiatives
RFA 2026-212 supports developers building new affordable multifamily rental housing for families, using Housing Credits to connect long-term affordable homes with local community revitalization efforts.
Funder: Florida Housing Finance Corporation
Due Dates: October 22, 2026, 5:00 p.m. ET (Questions) | November 4, 2026, 3:00 p.m. ET (Application and fee)
Funding Amounts: Estimated $4,138,000 in 9% Housing Credits; maximum annual requests of $1,944,030–$3,800,000 by county
Summary: Housing credit financing supports new affordable multifamily family rental housing within local government revitalization plans.
Key Information: The development must be part of a local government revitalization plan adopted on or before January 1, 2026.
Description
Florida Housing Finance Corporation’s RFA 2026-212 finances affordable multifamily rental housing that forms part of a formal community revitalization initiative. It supports entirely new-construction Family Developments serving the general population, rather than rehabilitation of existing units. Revitalization plans must bring together private and public stakeholders investing funding and other resources to rejuvenate the local community.
The program offers competitive 9% Housing Credits, with a preference for developments located entirely within a HUD-designated Qualified Census Tract. Its impact review considers the applicant’s and developer’s revitalization experience, alignment between the proposed housing and local revitalization initiatives, and access to community-based services and resources. Funded developments must maintain long-term affordability and meet the program’s income set-aside, accessibility, green building, and resident-program commitments.
