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2015 MHSA Deadlines

Item Detail
1st Round 2015 CTCAC Projects

COMPLETED Applications Due to CalHFA

Closed

Concept Meetings

Jan 2015

Dates Available for Sr. Loan Committee

Mid/Late Feb 2015

9% Application Due to TCAC

Mar 2015
Item Detail
2nd Round 2015 CTCAC Projects

COMPLETED Applications Due to CalHFA

04/13/15

Concept Meetings

May 2015

Approx. Dates for Senior Loan Committee approvals

6/11/15 & 6/25/15

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

6/21/15 & 7/1/15

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.