In pursuit of increasing affordable housing opportunities for all, the City of Santa Rosa Housing Authority has issued a Request for Proposals for Project-Based Vouchers. Owners and developers are invited to submit proposals to receive funding to aid in the creation of affordable housing. The deadline is November 5, 2018.
Project-Based Vouchers are a funding source for owners and developers wishing to create affordable units in Santa Rosa. Existing units, substantial rehabilitation projects and new construction projects are all eligible for consideration. Up to 100 vouchers are available under this Request for Proposals.
Background:
Through the Project-Based Voucher program, the U.S. Department of Housing and Urban Development allows local Housing Authorities to attach a limited percentage of its Housing Choice Voucher budget authority to specific housing units. In contrast to the tenant-based voucher program, a housing subsidy will remain connected to the unit after a tenant moves out of the unit. The owner must agree to rent the unit to eligible tenants for the duration of the Housing Assistance Payments (HAP) contract. The Santa Rosa Housing Authority is pleased to be opening this opportunity to increase the number of affordable units in Santa Rosa.
View the Application Packet for more information. Proposals are due by November 5, 2018.