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HUD 811 Rental Assistance Funds

The State of California is interested in knowing whether you are interested in accessing federal Department of Housing and Urban Development (HUD) Section 811 rental assistance funding for rental housing developments you have under development, or own.
 
The rental assistance would be used to reduce rents for non-elderly, disabled, extremely low-income Medicaid (also known as Medi-Cal) beneficiaries seeking to transition out of nursing facilities into integrated housing, or who are at risk of inpatient placement because of a shortage in suitable housing.  The project-based rental assistance would not be accompanied by capital funding, and could not be used for developments where more than 25 percent of total units are targeted to persons with disabilities. It would be available for developments located in the following 13 counties: Orange, Marin, Mendocino, Merced, Monterey, Napa, San Luis Obispo, San Mateo, Santa Barbara, Santa Cruz, Solano, Sonoma, and Yolo. If awarded to a development under construction, this funding would trigger federal Davis-Bacon prevailing wage requirements, if more than 11 units receive Section 811 assistance, as well as other federal overlays.

If this sounds like something you might be interested in, please read the rest of this message, then complete this survey by Tuesday, June 19, 2012. If you have any questions, please contact Christina DiFrancesco at (916) 322-0918.