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Renovation of a residential development in Lake Forest, California. Conceptual plans call for the renovation of a residential development.

This Notice of Funding Availability is being released and circulated to solicit Statements of Qualifications from qualified nonprofit and/or for-profit developers who desire to partner with the Public Agencies to carry out local affordable housing, community development, and land use goals. More than $1.6 million may be available for one or more projects that meet the local goals and selection criteria outlined in this NOFA, subject to formal approval of the Public Agencies. A description of the funding sources is provided in later sections of this NOFA. 1. The purchase of land and buildings for rehabilitation or conversion of housing that may utilize County, State and Federal housing assistance programs. 2. The purchase of existing multi-family or other buildings for rent to very low- and extremely low- income households. 3. Eligible development costs for the above uses include, but are not limited to: a. Site acquisition and preparation b. Rehabilitation of dwelling units, common areas, and related structures c. Temporary or permanent tenant relocation costs

Conceptual

Residential Subdivision

$1,632,703.00

Public - County

Renovation

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April 17, 2023

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