As we now enter into Year 2 of SB 2 grant funding, the time has come to start thinking about how Permanent Local Housing Allocation (PLHA) grant funding can help your local jurisdiction. The first NOFA and application round is expected to begin sometime in Spring of this year. As a valuable tool in the work to increase affordable housing, RSG is keeping a close watch for updates on funding availability notifications and will provide updates as we receive them.
PLHA funding has been established to create a permanent source for the state’s local government to help cities and counties increase affordable housing. The goal of this funding is to help further housing efforts by:
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Increasing the amount of housing for households at 60% of area median income or below.
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Providing additional assistance to affordable owner-occupied workforce housing.
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Providing additional support to those experiencing or at risk of homelessness.
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Aiding in the facilitation of housing affordability, with an increased focus on lower- and moderate-income households.
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Supporting and promoting activities to help meet local government’s unmet share of RHNA.
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Fostering and safeguarding parity in fund distribution across localities.
The allocation of funding will be done in two stages:
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Formula grants (entitlement and non-entitlement jurisdictions) – funding amount is based on the Community Development Block Grant formula.
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Competitive grants for non-entitlement jurisdictions – the amount of funding will be based on annual revenues received from the Building Homes and Jobs Trust Fund.
For more information on a list of eligible activities, to see if your jurisdiction qualifies for the entitlement component, and more, please visit the PLHA page on HCD’s website found here. If you are interested in learning more about how this funding might be able to help your jurisdiction and how RSG can help with the application process, please contact firm Principal Tara Matthews at [email protected].