SHF funds are available for the development of affordable permanent and transitional rental housing units in the form of GAP financing. Applications are accepted according to the schedule outlined in the Notice of Funding Availability (NOFA), which will provide the criteria required to apply. The Department utilizes Competitive funding criteria to make funding decisions. All financing is provided in the form of a loan; in return, the property must comply with long-term rent and tenant income restrictions. Applicants must read and understand the SHF Program Summary and Application Guide to evaluate whether a proposed project will meet SHF program requirements. Contact Jeanne Redondo at 602-771-1031 or jeanne.redondo@azhousing.gov
