Treasury Hosts Webinar on New Guidance for Using SLFRF for Affordable Housing Production and Preservation

The U.S. Department of the Treasury (Treasury) hosted a webinar on August 10 to provide an overview of the department’s recently released guidance on using State and Local Fiscal Recovery Funds (SLFRF) for affordable housing production and preservation. The new guidance, which can be found in Final Rule FAQs 2.14 and 4.9, expands presumptively eligible affordable housing uses and increases flexibility for using SLFRF to fully finance long-term affordable housing loans (Memo, 8/1). In the webinar, Treasury highlighted the “Affordable Housing How-To Guide published jointly by the department and HUD. The guide provides information about layering SLFRF funds with other funding opportunities to develop and preserve affordable housing. Treasury also discussed several promising examples of ways recipients are using SLFRF for affordable housing, highlighting projects undertaken by the Lac du Flambeau Band of Lake Superior Chippewa Indians, as well as recipients in Illinois, Rhode Island, and Greenville, South Carolina.

Watch a recording of the webinar at:

View the webinar presentation slides at:

Read the “Affordable Housing How-To Guide” at:

Access NLIHC’s SLFRF resources at: