For Developers and Contractors
The City of Detroit allocates funds through the U.S. Department of Housing and Urban Development to strengthen public-private partnerships in order to achieve the following goals:
- Produce mixed-use, mixed-income multifamily housing developments in the city's neighborhoods through both new construction and adaptive reuse of existing structures.
- Preserve current affordable housing stock in both public and private sector control and thereby reduce loss of existing well-located affordable housing.
- Develop supportive housing for homeless families, individuals, and veterans.
- Produce infrastructure to support housing, including entitlement-eligible public improvements such as open space, landscaped areas, and related infrastructure near areas of concentrated housing.
- Create a reliable pipeline of these projects for future funding rounds.
Requests to the City of Detroit’s affordable housing funding programs should be made through the Affordable Housing Leverage Fund (AHLF) application process. The current Notice of Funding Availability (NOFA) released on July 15, 2019 is available here (version amended July 31).
In the City’s efforts to improve and streamline processes, we are rolling out some changes to the way we evaluate support for LIHTC projects, PILOTs, and awards of City funding. In the past, these three elements were handled through different processes and by a variety of departments. Moving forward, the City will analyze proposals for their fitness in each of these types of support together.
As part of the current AHLF NOFA with LISC and MSHDA, interested parties may obtain the City’s support letter for their LIHTC project and gain preliminary approval for a PILOT.
To accomplish the above, the City will move the NOFA timeline forward as described below:
|July 15, 2019||Affordable Housing Leverage Fund NOFA released|
|July 31, 2019, 1:00 pm||
Optional Pre-Submission Public Meeting
2 Woodward Avenue, Suite 908
|July 15 – August 16, 2019||9% LIHTC City Review Meetings|
|August 16, 2019||AHLF applications are due|
|August 27, 2019||Threshold review completed|
|September 17, 2019||Selected AHLF applications scored|
|September 24, 2019||Conditional award letters, 9% LIHTC support letters and PILOT preliminary approval letters sent|
9% LIHTC City Review Meetings
For any project that is seeking 9% LIHTC in the October round, a Project Review Meeting must be scheduled with the Multifamily Underwriting Team between July 15 and August 16. To schedule this meeting, please contact Denise Jackson, Administrative Assistant, at [email protected]. The project team must provide the following documents either before or at the time of the scheduled meeting:
- LIHTC Self-Score
- Draft proforma
- Draft Neighborhood Investment Criteria List/Map – Please note that HRD is not responsible for creating this list, nor does the department have the capacity to do so. If the project team has questions or needs guidance, HRD can review the drafted list and suggest additional criteria.
For projects that are seeking 9% LIHTC support, but won’t be applying for financing through the AHLF, a Project Review Meeting must still be scheduled. These projects will be evaluated alongside others that are seeking financing, and will receive letters of support on the same timeline, but will not be competing for the City’s limited financial resources.
The first Notice of Funding Availability, released in partnership with the Local Initiatives Support Corporation, is closed. Additional information and application materials are available HERE.