Notice of Funding Availability Loan Program
The Notice of Funding Availability (NOFA) loan program provides residential developers with various financing options for transformative housing projects that will make positive, visible impacts on our communities. Through NOFA, DCED intends to support projects that achieve Plan Cincinnati’s goals to provide a full spectrum of healthy housing options and to improve housing quality and affordability.
NOFA is a public gap financing tool that leverages private financing to develop quality housing throughout the city. NOFA loans are awarded through a competitive application process, through which DCED staff evaluate and recommend projects based on how well they meet the City’s housing policy objectives.
The 2023 NOFA Loan Program is now closed. The Intent to Apply form was due April 28th, 2023 at 3pm. NOFA Applications were due June 2nd, 2023 at 3pm. Completion of the Intent to Apply form was required to apply to the 2023 NOFA Loan Program. Award decisions are anticipated to be released in August.
