The FAQ (Frequently Asked Questions) for the 2016 Distressed Projects Initiative Notice of Funding Availability (NOFA) has been posted. The NOFA is designed to provide funding to financially distressed projects awarded 9% Low Income Housing Tax Credits (LIHTC) through the 2015 LIHTC Funding Round that are located in Ike-Gustav designated parishes. The deadline for submitting applications is October 7, 2016.

The NOFA may be accessed here. The FAQ can be accessed here.