Funding Opportunities
The Office of Housing releases funding for the preservation and production of affordable rental housing and permanently-affordable homeownership, as well as organization stabilization and other funding types throughout the year. These range from our annual Notice of Funding Availability (NOFA) to Requests for Qualifications and Proposals for site-specific developments. Developers and operators of affordable housing can see the most up-to-date information on funding releases and timelines below.
Funding Opportunities
Rental Housing Notice of Funding Availability (NOFA)
- Release: July 21, 2025
- Amended: September 3, 2025
- Production Applications due: CLOSED
- Preservation and Stabilization applications due: CLOSED
Short-Term Loans for Acquisition, Permanently Affordable Homeownership (NOFA)
- Released: April 4, 2025
- Applications due: Rolling basis
Request for Qualifications (RFQ) for Henderson Street Developers
- Released: November 4, 2025
- Responses due: December 5, 2025
Upcoming
2026 Operating Stabilization Funding
The Office of Housing is releasing $28 million in one-time stabilization funding for affordable rental housing providers. We are releasing a Request for Qualifications (RFQ) in November 2025. Eligibility will be limited to providers who meet specific criteria detailed in the RFQ.
- Release: November 2025
- Applications due: December 2026
- Awards: January 2026
Current Funding Opportunities
2025 Rental Housing Notice of Funding Availability
The Seattle Office of Housing is accepting proposals in Fall 2025 for the Production, Preservation, and Stabilization of affordable, rental housing in the city of Seattle. This 2025 Notice of Funding Availability (NOFA) describes the goals for our housing investments, lists resources available, highlights key policies, and outlines the application funding process.
The preservation and production of affordable housing is foundational for thriving and equitable communities. The 2025 NOFA seeks to fund projects that will address displacement, create or preserve access to housing for people experiencing homelessness, and increase access to opportunity. The developments that OH funds will deliver quality, affordable housing for low-income individuals and families, our elders, and our neighbors who work full-time or multiple jobs and are still struggling to make ends meet.
This NOFA includes funding from local sources, each of which has specific affordability restrictions and requirements. OH encourages all applicants to be familiar with the specific requirements of the available funding sources. At the time of the NOFA release, OH has $170 million available for awards.
Production applications are now CLOSED. View the list of applicants.
Preservation and Stabilization applications are now CLOSED: View the list of applicants.
View the 2025 Rental Housing NOFA application by clicking this link.
Information about Pre-Application Meetings, Consistency Letters, Siting Determinations, and Neighborhood Notification and Community Relations requirements can be found under ‘Preparing Projects for Application’ on the Funding Announcements & Application page.
Amendment, published September 3
In response to increased funding to $170 million, the Office of Housing is updating guidelines for the Preservation and Stabilization of affordable housing. Key amendments include:
- Extended deadline for Preservation and Stabilization Funding, now due between September 18 - October 16.
- Stabilization funding cap eliminated.
- Preservation funding cap eliminated.
- Applications for Preservation can bundle multiple buildings within OH portfolio.
The deadline for Production applications remains unchanged and applications are due on September 18 at noon.
NOFA Information Sessions
September 11: Preservation and Stabilization NOFA Information Session
- View the presentation slides,
- Preservation eligible costs
- Stabilization eligible costs
- Watch a video recording of the presentation
July 31: Rental Housing NOFA General Information Session
Request for Qualifications (RFQ) for Developers
The Office of Housing is starting the process to find a development partner for the Henderson Street project. The first step is a Request for Qualifications, or RFQ. This is an open invitation for experienced affordable housing developers to show their interest in the project.
Who can apply?
We are looking for housing developers with a successful track record. This includes experience with:
- Building new apartment buildings or completing large-scale preservations.
- Creating mixed-use projects that include both housing and commercial or community space.
- Managing projects that use funding sources like the Low-Income Housing Tax Credit (LIHTC).
We encourage partnerships, especially with non-profit, community-based, and Women and Minority-Owned Business (WMBE) developers.
How to Apply
Interested developers must submit their qualifications electronically. The package should include a letter of interest, forms showing project experience, team resumes, and financial documents.
Deadline: All RFQ responses are due by 5:00 p.m. on December 5, 2025.
More Information
An information session for interested developers will be held online on November 13, 2025. For full details on submission requirements and to ask questions, please contact Jessica Gomez at Jessica.Gomez@seattle.gov.