Updates for Developers
Multifamily Preservation Transaction Application
All owners and developers requesting City discretionary approvals regarding multifamily projects with existing City financing and/or restrictions are required to submit the Application.
The City encourages developers to submit the fully completed Application as early as possible, so that the transaction may be prioritized. For example, if you are applying to TCAC or CDLAC with assumptions about City Loan terms or Bond Issuance, we strongly recommend submitting this application to the City at a minimum [6 months] before your proposed transaction.
In addition, the Housing Department has developed the City of San Jose Proforma for the analysis and underwriting of affordable housing development.
Notice of Funding Availability (NOFA) - Gap financing for new construction of affordable housing:
Addendum to the NOFA application package - October 5, 2018
NOFA application package through Bidsync
Exhibit A - Application Form
Exhibit B - City of San José Underwriting Guidelines
Exhibit C - Checklist
Exhibit D - City of San José Proforma
Exhibit E - Housing Department Funding Sources
For more information, select the topics along the left toolbar or contact Kemit Mawakana at 408-535-3851.