The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has posted an Amended 2020-1 Multifamily Direct Loan Annual Notice of Funding Availability (2020-1 NOFA).
The Amended 2020-1 NOFA includes the Third Amendment, approved by the TDHCA Governing Board on May 21, 2020. The Third Amendment adds $3,000,000 in National Housing Trust Fund (NHTF) to the Soft Repayment set-aside for eligible activities. All $12,509,857 in NHTF is available on a statewide basis.
TDHCA also posted an updated 2020-1 NOFA Application Log. If you have questions about the 2020-1 NOFA, please contact TDHCA Multifamily Direct Loan Program Administrator Andrew Sinnott at andrew.sinnott@tdhca.state.tx.us or 512-475-0538.
