Gap Financing Program Regulations

 

All developers must comply with the City's Gap Financing Regulations when seeking City funding and/or City bond issuance for affordable housing development and/or preservation projects.

Funding Regulations apply to ALL affordable housing developments

New Construction Regulations apply to new affordable housing developments

Preservation Regulations apply to existing affordable housing developments

Please follow the links below for more information on the regulations. Note that these policies and regulations are supplemented by an Underwriting Glossary of Terms document and administered by the Housing Department and other City departments.

Regulations