Notice of Funding Availability
The Orange County Housing Finance Trust (OCHFT) has issued Addendum #1 to the 2024 Notice of Funding Availability, which reflects the remaining amount of funds available under the NOFA as of the November 2024 Trust Board meeting, and extends the availability of funds through July 2025.
The OCHFT has $4,355,548.74 remaining available under the 2024 NOFA. Of the amount available, $1,949,838.75 ($949,921.45 in LHTF funds and $999,917.30 in MHSA funds) are available for projects in Irvine and Yorba Linda. In addition, $2,405,709.99 ($1,172,012.56 in LHTF funds and $1,233,697.43 in MHSA funds) are available to the following cities.
Dana Point
Fountain Valley
Irvine
La Habra
Laguna Beach
Lake Forest
Newport Beach
San Juan Capistrano
Santa Ana
Stanton
Tustin
Westminster
Yorba Linda
Application due dates for the 2025 Trust Board meetings are:
December 13, 2024 for the January 15, 2025 meeting;
February 14, 2025 for the March 19, 2025 meeting;
April 18, 2025 for the May 21, 2025 meeting; and,
June 13, 2025 for the July 16, 2025 meeting.
It is anticipated that a 2025 NOFA will be released in mid-2025.
Update
May 2025: At the May 2025 Trust Board Meeting, the Board awarded $1,949,838.77 to one additional project. Currently, there is $5,763,129.97 remaining available under the 2024 NOFA.
Of the amount available, $2,405,709.99 ($1,172,012.56 in LHTF funds and $1,233,697.43 in MHSA funds) are available to the following cities:
Dana Point
Fountain Valley
Irvine
La Habra
Laguna Beach
Lake Forest
Newport Beach
San Juan Capistrano
Santa Ana
Stanton
Tustin
Westminster
Yorba Linda
Additionally, $3,357,419.98 ($1,456,160.00 in LHTF funds and $1,901,259.98 in MHSA funds) are available to projects in all Trust member cities that are in housing element compliance.
Prior NOFA updates are available here.