Multifamily Affordable Housing
About the Program
The U.S. Department of Housing and Urban Development (HUD) has allocated $201,535,000 to Sarasota County Community Development Block Grant-Disaster Recovery (CDBG-DR) to aid the long-term recovery from Hurricane Ian for low- to moderate-income individuals. Resilient SRQ has multiple programs, one of those being the new Multifamily Affordable Housing program. This program has $40 million allocated to stabilize affordable housing stock and mitigate housing disruptions in the event of future disasters.
Applications Have Now Closed.
Step 1: Eligible Applicants must submit an application by May 1, 2024 by 5:00 PM ET to be considered.
Step 2: The Resilient SRQ team will review applications and make scoring recommendations to the Sarasota County Commission. Applicants will be notified if their project is recommended to the Sarasota County Commission for funding.
Step 3: The Sarasota County Commission will review and approve a final list of projects.
Step 4: Applicants of approved projects will be required to enter into a subrecipient agreement outlining project specific requirements.
Information Sessions
Resilient SRQ offered information sessions for Not-For-Profit Developers, For-profit Developers, Public Housing Authorities, Municipalities, and Community-Based Development Organizations to share program details on the new Multifamily Affordable Housing application and answered questions organizations had.
Resilient SRQ Multifamily Affordable Housing Information Session (Virtual)
