2015 MHSA Deadlines
|2nd Round 2015 CTCAC Projects|
COMPLETED Applications Due to CalHFA
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|
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.