Metro Bond Funding Announcements

Washington County Notice of Funding Availability (NOFA) is now available.

Washington County is releasing $80 million in Metro Bond Funds for use in the Metro service district outside of Beaverton and Hillsboro. There is a $25 million set aside specifically for non-profits that meet the definition of a Community Housing Development Organization (CHDO) and are based in Washington County. Download here:

Washington County Metro Affordable Housing Bond Program NOFA, March 2020

Voucher Payment Standards, referenced on pages 10, 14, and 49 of the NOFA, are below. These are the maximum rents that can be charged for units assigned project based vouchers (PBVs).

Voucher Payment Standards (10/1/19)
Bedroom Size Payment Standard
0 $1,073
1 $1,161
2 $1,346
3 $1,942
4 $2,363
5 $2,717
6 $3,072
7 $3,426
8 $3,780
SRO $805

 

Mandatory Developer Meeting

A mandatory meeting for developers who want to submit an application will take place at a to-be-determined time and place. (Please note, due to COVID-19 precautions, this will likely be an online meeting format.)

Important dates

Applications Due: May 11, 2020 at 4:00 p.m.

Staff Threshold Review: May 12 - May 29, 2020

Evaluation Committee Meets: June 1 - June 26, 2020

BOCC and Metro Staff Award Concept Endorsement: June 29 - July 14, 2020

Evaluation Committee

See the list below for the make-up of the Evaluation Committee. One person from each committee/organization will serve on the committee.

Evaluation Committee Members
1. Housing Advisory Committee Member
2. PAB Member
3. Washington County LUT
4. Metro
5. City of Beaverton
6. Washington County CAO
7. Washington County Finance
8. Washington County Community Development
 
 

 

 

 

 

 

 

 

 

NOFA FAQs

Any questions about this NOFA should be submitted to shannon_wilson@co.washington.or.us. They will be answered via an FAQ available to all applicants, and posted here.