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Salinas updates multifamily NOFA: $8 million offered; five proposals under interdepartmental review

5900330 · October 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff told the Housing and Land Use Committee that the 2025–26 multifamily Notice of Funding Availability offered about $8 million and received five proposals. Staff will complete interdepartmental review and return with funding recommendations to committee in October and to City Council on Nov. 18, 2025.

City staff told the Housing and Land Use Committee on Sept. 30 that the 2025–26 multifamily Notice of Funding Availability (NOFA) offered approximately $8,000,000 to support affordable housing projects and that five proposals were received. Vincent Montgomery, planning manager for the Salinas Housing and Community Development Department, said funding sources include the local housing trust fund, the HOME Investment Partnerships Program and the HOME CHDO set-aside. Montgomery said staff cannot yet…

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