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Developer Assistance Programs

[ Parent  ] [ County Affordable Housing Ordinance ] [ Loan Servicing ] [ Boarded and Vacant Homes Program ] [ Investment Property Program ] [ City Mixed-Income Housing Ordinance ] [ Inclusionary Housing Stakeholders Information ] [ Multifamily Housing Loan Program and MRB Program ] [ Non-HCV Utility Allowance ] [ HCV Utility Allowance ]

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

Multifamily Development Assistance Programs (12+ Units) 

SHRA offers gap financing and issuance of tax-exempt bonds for the development or acquisition/rehabilitation of multifamily rental housing projects of 12 or more units in the City of Sacramento and unincorporated areas of the County of Sacramento through the Multifamily Housing Loan Program and Mortgage Revenue Bond Program.  SHRA uses funding derived from various federal, state, and local sources to finance affordable multifamily housing projects through direct loans to developers to supplement private equity and other debt.  SHRA issues tax-exempt mortgage revenue bonds for multifamily projects that meet state and federal requirements.  Under certain cooperation agreements, SHRA may also finance affordable housing developments in other cities within the County.  All housing financed by SHRA carries affordability restrictions on some or all of the units.

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.

Inclusionary Housing (Mixed Income Housing)

Inclusionary Housing Stakeholders Information

• 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.