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The Portfolio Reinvestment Program (PRP) aims to preserve existing HCD-funded affordable housing projects by extending and restructuring affordability agreements; extending loan maturity dates; providing new low-interest long-term loans for rehabilitation; and providing forgivable loans to capitalize short-term operating subsidies.

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2022 PRP NOFA

Approximately $285 million in Portfolio Reinvestment Program (PRP) funding will be made available to HCD-assisted projects whose HCD affordability restrictions have expired and not been removed from the project, and/or have HCD affordability restrictions that are expiring on or before December 31, 2026.

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Timeline

NOFA Release: March 28, 2022

Application Release: April 8, 2022

Application OTC Period: April 29 to November 30, 2022

Award Announcements: Continuously, approximately 4-5 months after application submittal

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Central Sierra Continuum of Care - CA-526

  • Amador County – ATCAA  (209)- 223-1485  x 243

  • Calaveras County- Sierra HOPE (209)-736-6792

  • Tuolumne County – ATCAA  (209)-533-1397 x 238

  • Mariposa County – Health and Human Services (209) 966-2000

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©2024 by Central Sierra Continuum of Care - CA-526​

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