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Questions? Contact:
Debra Starbuck - 530.878.8075
Dstarbuck@calhfa.ca.gov

NOTICE: The deadline for approval of any MHSA Housing Program Loan is May 30, 2016. Below are important MHSA Application deadlines

2016 MHSA Deadlines

Item Detail
1st Round 2016 CTCAC Projects

COMPLETED Applications Due to CalHFA

12/1/15

Concept Meetings

Jan 2016

Senior Loan Committee approvals

Feb 2016

Applications to TCAC For 4% or 9% tax credit deals

Mar or Apr 2016

2016 MHSA Deadlines

Item Detail
2nd Round 2016 CTCAC Projects and all other MHSA type Projects

COMPLETED Final Program Application Deadline

3/1/16

Concept Meetings

Apr 2016

Senior Loan Committee approvals

May 2016

Applications to TCAC For 4% or 9% tax credit deals

Jun or Jul 2016

Multifamily Developers/Managers - MHSA Termsheets

Per the terms of the MHSA Term Sheet, each year, the maximum MHSA Capital Loan limits and the Capitalized Operating Subsidy Reserve (COSR) limits, per unit, increases by 4%. For 2015, these limits have increased from $126,532 to $131,593  per unit.

Counties may submit new MHSA funding proposals that request MHSA Capital Loan funding up to a maximum of $131,593 per MHSA regulated unit; with requests of up to $131,593 in COSR funds per MHSA regulated unit.

MHSA funding requests in excess of the allowable per unit loan or COSR limits will require a Waiver Request from the County that is subject to review and approval by CalHFA.

MHSA Term Sheet (09/30/2014)

Disclaimer: Each document is intended for informational purposes only. If your loan application is accepted by CalHFA, the loan documents specific to your transaction will be tailored to meet the specific requirements of your transaction and may vary substantially from the documents posted here. The template loan documents are subject to change without notice. CalHFA does not warrant or represent that the covenants and conditions in the template documents will apply to your specific transaction.