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Developer Assistance Programs

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SHRA has many different types of programs aimed at assisting developers in the development of affordable housing.

Multifamily Development Assistance Programs (11+ Multifamily Units) 

SHRA offers different programs to help you develop, acquire, rehabilitate, or the acquisition and rehabilitation of Multi-family rental complexes consisting of 11 units or more. Using different funds from the local, state, and federal sources, the SHRA Housing Finance division helps you help the Sacramento Community.

• Multi-Family Housing Lending Program Direct Loan Program (11 units and above) – SHRA utilizes funding derived from several federal and local sources. These funds are used to make direct loans as gap financing to supplement private equity and debt for multi-family housing developments.
• Multi-Family Mortgage Revenue Bond (MRB) Program – SHRA offers issuance of tax-exempt bonds for multifamily project in the City and County of Sacramento which meet federal and state laws, as well the Agency’s MRB policies.

Multifamily Development Assistance Programs (10 or less units)

SHRA offers different programs aimed at the development, acquisition, rehabilitation or acquisition and rehabilitation of single or multi-family complexes of 10 units or less.

• Investment Property Program (10 and fewer Multifamily Units) – The Investment Property Loan Program is designed to provide low-interest financing for acquisition and rehabilitation or rehabilitation of investment property under 11 units.
• Fainted Ladies Program – The Fainted Ladies program is designed to provide low-interest financing for home improvements to owners of historically valuable homes in the Central City of Sacramento.

Inclusionary Housing (Mixed Income Housing)

• City of Sacramento
  Sacramento City ordinance requiring the provision of affordable housing within all new residential developments in new growth areas.
       Developers Information
       Homebuyers Information
• County of Sacramento (unincorporated)
  Sacramento County ordinance requiring the provision of affordable housing in the entire unincorporated County.
• Developer RFQ - County Dedicated Sites.  Click here to download file in PDF format.

Other Housing Finance Information

• Boarded and Vacant Program – The Boarded and Vacant Homes Program is designed to promote the acquisition and rehabilitation of single-family boarded and vacant homes in targeted areas in the City and County of Sacramento for sale to owner-occupants.
• Staff List – A listing of the Housing Policy and Development Staff here to serve you.

• Del Paso Nuevo – A success story of how a community, developer, and SHRA can help turn a blighted area into a jewel of the community.

• Current Utility Allowances - Peruse the non-HCV Utility Allowances and HCV Utility Allowances pages for additional Housing Finance information.