The National Housing Trust Fund program (HTF) is a federal resource that MaineHousing allocates to developers to provide funding for the creation of affordable rental housing within the State of Maine for extremely low income (30% or less of Area Median Income) households for a minimum of 45 years. The source of funds for this RFP is the federal Housing Trust Fund. For 2017, MaineHousing has made up to $2,700,000 of HTF funding available for this RFP.
All applicants will be required to describe the extent to which they can address one or more of the following Consolidated Plan priorities:
- Improve Housing Quality,
- Expand the Supply of Affordable Housing,
- and/or Help Maine People Attain Housing Stability
Eligible activities and expenses include:
Eligible forms of assistance include:
- Real property acquisition
- Site improvements and development hard costs
- Related soft costs
- Financing costs
- Relocation assistance
- Operating cost assistance for rental housing
- Reasonable administrative and planning costs
- Equity investments
- Interest-bearing loans or advances
- Non-interest bearing loans or advances
- Interest subsidies
- Deferred payment loans
- Other forms of assistance approved by HUD
Please see the Consolidated Plan for more details.
You may be eligible if you:
- Are a not-for-profit organization.
- Are a municipality.
- Are a Tribal Housing Authority
- Are a Public Housing Authority
Please review the MaineHousing 2017 Housing Trust Fund RFP . For additional information, please contact us: