2022 Affordable Housing Fund-Tax Credits
A. Pre-Application Process »
B. RFP Guidelines and Application »
C. Targeted Area Map »
D. RFP Scoring Criteria »
E. Sample AHF Loan Agreement »
F. Contract Requirements »
G. Submitted Applications »
The City of Madison Community Development Division (CDD) is seeking to provide gap financing for development proposals submitted to WHEDA and maximize the receipt of tax credits for projects in Madison through proposals from qualified developers that seek to accomplish the following three objectives:
- Increase the supply of safe, quality, affordable rental housing, especially units affordable to households with incomes at or below 30% of area median income, that ensure long-term affordability and sustainability.
- Preserve existing income- and rent-restricted rental housing to ensure long-term affordability and sustainability.
- Improve the existing rental housing stock through acquisition/rehab to create long-term affordability and sustainability.
A workshop was held on Tuesday, June 28, 2022 at 10:00, which was recorded. Please use the information to aide in your proposal.
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