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Terrebonne Parish Consolidated Government

 
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Notice of Fund Availability for Parkwood Place Affordable Rental Housing

Friday February 10, 2023 03:09 pm - 1079 Views - Posted By Housing and Human Services

The Parkwood Place Affordable Rental Housing NOFA is designed to address the unmet affordable housing need in Terrebonne Parish by providing funds to build rental housing, primarily affordable, within the Parkwood Place Subdivision located in East Houma. The development funded through this NOFA must benefit low-to-moderate income persons and defined qualifying populations.

Eligibility

The NOFA is open to for-profit and non-profit applicants proposing the development of affordable rental units.

How to Apply

Applications must include Applicant / Company Name & Return Address and must be submitted to TPCG via email to parkwoodnofa2023@tpcg.org

Available Funding

TPCG has allocated the following breakdown of funding for the development of this project:

  1. $800,000 in HUD HOME entitlement funding,
  2. $1,000,000 in HUD HOME-ARP funding, and
  3. $3,000,000 in TPCG general funding.
Date Event
Friday, February 10, 2023 Notice of Funding Availability (NOFA) published
Friday, February 24, 2023 Written questions or comments submitted by 5:00 p.m. CST (“Written Comments Deadline”)
Friday, March 3, 2023 Response to questions and Publication Date of the Amended NOFA, if needed. (5 working days)
Monday, April 3, 2023 5:00 p.m. CST Deadline for Submission of applications to the TPCG (“Application Submission Deadline”). (30 days)
Friday, April 21, 2023 TPCG award determination. Award letter(s) issued.
Friday, July 21, 2023 Projected latest date for commencement of construction. See §II.E.3.a, Form of AAA.
October, 2024 Estimated Construction Completion, Certificate of Occupancy and Placement in Service (15 months)*

For more information, go to tpcg.org/housing. 
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