Rental Housing Development Assistance

City of Austin Housing Department
Austin, Texas

Rental Housing Development Assistance (RHDA) Program works to expand the community’s supply of affordable rental housing for low-income households and to increase the availability of permanent supportive housing for persons experiencing homelessness or low-income households with special needs. RHDA loans are a source of gap financing for nonprofit and for-profit developers of affordable housing. Applications for funding are accepted on a quarterly basis.

Contact
Josh Rudow City of Austin Housing Department [email protected] 512-974-2731
Other Eligibility Requirements

Persons experiencing or at risk of homelessness; Victims of domestic violence; Persons with mental illness; Persons with disabilities; Elderly; Youth; Households with eviction notices; Children or youth exiting foster care; Applicants on Medicaid; Applicants on waitlists for other housing assistance

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Extremely low-income households (income less than 30% AMI); Very low-income households (income less than 50% AMI); Persons experiencing homelessness or at risk of homelessness; Victims of domestic violence; Persons with mental illness; Persons with disabilities; Elderly; Youth

Total Funding
$50,000,000
Funding Source
General revenue; Dedicated funding stream - Other
Funding Year
FY 2023
How Provided?
Development loans
Data Collected by Program
Income; Race; Ethnicity; Disability status; Age
Website
https://www.austintexas.gov/page/affordable-housing-development-funding