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NMHC launches CDBG-DR affordable rental housing development programs
Application intake for Tinian applicants only; deadline March 30
As a result of the damage sustained from Typhoon Mangkhut and Super Typhoon Yutu in 2018, the CNMI received an allocation of Community Development Block Grant Disaster Recovery funds, which is administered by the Northern Marianas Housing Corp.
In order to address both the direct and indirect impacts of the two storms, the Commonwealth has developed the Rental Rehabilitation, Reconstruction, and New Construction Program to cover the eligible costs for repair or replacement of storm-related damage to individual site rental properties as well as to increase the stock of rental units with new construction or acquisition of individual units. Available rental units prior to the disaster were quickly rented, thus creating an even bigger shortage of available and affordable, safe, decent rental units.
On May 28, 2021, and July 28, 2021, the NMHC board of directors adopted the Rental Rehabilitation, Reconstruction and New Construction Program policies and procedures—under the CDBG-DR Affordable Rental Housing Development Program. The three CDBG-DR Affordable Rental Housing Development Programs being made available to the public include 1 to 4 Units, 5 Plus Units (Non-LIHTC) and GAP Filler to LIHTC.
Application intake for Tinian applicants only. Deadline is March 30, 2022
5 Plus Units (non-LIHTC) Program: The program proposes to address the current housing rental shortage through the rehabilitation and development of affordable rental housing, including acquisition, demolition, rehabilitation and new construction, as it pertains to the development of subsidized and affordable units for Low-to-Moderate Income individuals/families. For detailed information on program, see: https://www.cnmi-cdbgdr.com/resources/policies_procedures/
Applications may be picked up at the CDBG-DR office at the Tinian field office (NMC campus) from 8am to 4pm or access our CDBG-DR website at www.cnmi-cdbgdr.com. For additional information, contact the NMHC CDBG-DR Division on Saipan at (670) 233-9447, on Tinian at (670) 433-9213, or via email cnmi-cdbg-dr@nmhcgov.net. (PR)
