Application Timeline and Deadlines
| NOFA/Application/Implementation Milestones | Date | |
|---|---|---|
| NOFA Release | November 26, 2024 | |
| NOFA Webinar | January 2025 | |
| Application Materials and Instructions Available | January 2025 | |
| REQUIRED Pre-Application Consultations (email homekey@hcd.ca.gov to schedule) | Beginning December 2024 | |
| Application Portal Opens | Late January 2025 | |
| Application Deadlines | Gap Financing Projects | March 14, 2025 |
| All Other Projects | May 30, 2025 | |
| Award Announcements | Beginning Early Summer 2025 | |
| Standard Agreement Execution | Within 5 months of award | |
| Disbursement of Funds | Available once all pre-disbursement conditions have been met | |
| Construction Commencement Deadline | Gap Financing and New Construction Projects | Six months +60 days from date of award |
| Project Completion | Acquisition/Rehabilitation Projects | 12 months + 60 days from date of award |
| Gap Financing and New Construction Projects | 24 months + 60 days from date of award | |
| Reporting Requirements | Annually (due March 31st) | |