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Salinas staff: $8 million multifamily NOFA drew five proposals; awards expected to council in November

5860673 · September 30, 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 approximately $8 million and drew five proposals. Staff will present award recommendations in October to the committee and to the City Council in November, with loan agreements expected by December 2025.

City of Salinas planning staff told the Housing and Land Use Committee on Sept. 30 that the city’s 2025–26 multifamily Notice of Funding Availability (NOFA) offered approximately $8,000,000 to support affordable housing development and that the city received five proposals.

Vincent Montgomery, planning manager with the Housing and Community Development Department, said the NOFA — released June 24, 2025 — is funded from the city’s local housing trust fund, the HOME Investment Partnerships Program, and a city-designated HOME set-aside. The NOFA included a streamlined application and a virtual workshop to support applicants.

“We received five proposals,” Montgomery told the committee, adding that four…

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