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MHSA Housing Program Assignment Agreement
-DMH Memo

2014 MHSA Deadlines

Item Deadline

COMPLETED Applications Due to CalHFA

 

April 14

Dates Available for Sr. Loan Committee

 

June 23 (approx)

9% Application Due to TCAC

 

July 1

MHSA 2013 UPDATE (04/01/2013)
UPDATED CLOSING CHECKLIST
The process for MHSA Rental Housing when CalHFA is a Junior Lender has been streamlined. Please see our updated closing checklist under Closing/Rental Housing.

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 2013, these limits have increased from $116,986 to $121,665  per unit.

Counties may submit new MHSA funding proposals that request MHSA Capital Loan funding up to a maximum of $121,665.00 per MHSA regulated unit; with requests of up to $121,665.00 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 (02/01/2011)

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.