Eligible Applicants
- Community Partner (Nonprofit organization)
- Local Governments
- Any county, municipality, city, tribal government, special district organized under Title 32, school district, district, or a housing authority created under Part 2 of Article 4 of Title 29.
- Resident-owned Communities
Eligible Projects
- Acquisition
- Infrastructure Improvements
- MHP must be located within an eligible community
Eligible Communities
A list of jurisdictions that have made this commitment is provided.
Filing Commitments
For a project to be eligible for Proposition 123 funding, the county, municipality or tribal government must first file a commitment to increase affordable housing within each jurisdiction by 3% per year, for three years, for a total of a 9% increase.
The commitment filing period for 2023 expired on November 1, 2023. The 2024 second year commitment filings are now open and will close November 1, 2024.
Long Term Affordability
Minimum of 30 years
AMI Limitations
Up to 100% AMI
Award Types
Grants or Loans
Maximum Per-Unit Award Amount
Urban $50,000/unit Rural/Resort $55,000/unit
County classifications are available.
Additional Due Diligence Requirements
The application requirements can be found in the Development Application Instructions and the project-specific application material checklists are found on the DOH website. Please note the checklists may not be exhaustive depending on the specific nuances of a project.
Reporting Requirements
Awardees will be required to report quarterly to DOH. Reports will include, but are not limited to:
- A description of each awardee’s use of the grant or loan funds.
- Project or program progress (construction, spending, budget, etc.)
- Beneficiary information including but not limited to demographic (e.g., race and ethnicity), geographic, income, program participants and project Beneficiaries.
- Other State reporting requirements as required.
- Please be sure to refer to the published and periodically updated Term Sheet and FAQs immediately prior to application as additional requirements and/or waivers may be published.
Application and Award Process
Applications should be submitted through Neighborly and follow typical DOH Funding Application guidelines. Contact your Housing Development Specialist for additional information.
- Pre-applications due 15 days prior to the first of each month.
- Applications are due September 1st.
- Award and Determination: After DOH staff underwrites applications, staff recommendations will be presented to the State Housing Board (SHB). SHB recommendations will then be presented to the DOLA Executive Director for final approval. A contract between DOH and the applicant can start being drafted at this time.
Manufactured Home Mortgage - Pilot Program
A first mortgage product that provides financing for the purchase of new and existing manufactured homes. Loans must be amortized.
- Front end debt to income ratio at or below 35%.
- Loan-to-value up to 100%.
- Interest rates 1% to Market.