RFA 2026-216 Live Local SAIL Financing for the Construction of Large-Scale Developments of Significant Regional Impact
RFA 2026-216 Live Local SAIL Financing for the Construction of Large-Scale Developments of Significant Regional Impact funds developers’ construction of affordable rental housing within Florida regional master plans.
Funder: Florida Housing Finance Corporation
Due Dates: October 29, 2026 (Questions) | November 12, 2026, 3:00 p.m. Eastern Time (Application)
Funding Amounts: Estimated $25 million available; total SAIL requests capped at $25 million or 25% of development cost, whichever is less
Summary: Live Local SAIL gap financing supports new affordable rental housing within established master plans of significant regional impact in Florida.
Key Information: SAIL financing must be combined with tax-exempt bonds and 4% Housing Credits.
Description
Florida Housing Finance Corporation’s RFA 2026-216 supports construction of large-scale affordable rental housing developments that form part of an existing formal master plan of significant regional impact. The master plan must include substantial civic, educational, or health care uses within or contiguous to the proposed development, and may include commercial uses. County or municipal participation must create a unique investment opportunity enabling a significant amount of affordable housing.
The affordable housing development should be a component of the broader master plan, rather than its driving force. Regional impact is assessed through the plan’s ability to benefit populations across more than one government jurisdiction. This opportunity provides construction financing, not research funding. The program page currently posts draft application materials and workshop resources.
