Examples of Noncompetitive Allocation in a sentence
Projects utilizing funds from a County’s Noncompetitive Allocation shall prioritize persons with mental health supportive service needs who are Homeless or At-Risk of Chronic Homelessness.
Shared Housing Noncompetitive Allocation Method of Distribution 54 Section 402.
Noncompetitive Allocation Shared Housing Administration 52 Section 401.
October 23, 2020 MEMORANDUM FOR: All Potential Applicants FROM: Jennifer Seeger, Acting Deputy Director Division of Financial Assistance SUBJECT: No Place Like Home ProgramAmended Notice of Funding Availability Noncompetitive Allocation Funds The California Department of Housing and Community Development (HCD) is pleased to announce the continued availability of approximately $48 million remaining in Noncompetitive Allocation (NCA) funds for the No Place Like Home (NPLH) program.
Noncompetitive Allocation Shared Housing Requirements Applicability to Santa Barbara County As noted in Article II of the NPLH Guidelines, funds are being awarded on both a non-competitive and a competitive basis.
Funds from the County’s Noncompetitive Allocation and the Competitive Allocation may be used on the same multifamily Project as long as HCD’s NPLH Per-Unit subsidy limits are not exceeded.
If a County with five percent or more of the state’s homeless population wants to administer its Noncompetitive Allocation funds, it can be designated by HCD as an APC.
In order to be awarded their Noncompetitive Allocation funds, Counties must meet the documentation requirements of Section 201 of the Guidelines.
The maximum loan amount per Project, including all eligible capital andCOSR costs, shall be $20 million, including Competitive Allocation funds and any Noncompetitive Allocation funds.
Counties interested in using Noncompetitive Allocation funds for Shared Housing must complete the Shared Housing Designation Form and be approved by HCD.