The Gap Finance for Affordable Housing Program (“Gap-A”) was designed to provide gap funding for mixed-income housing development projects. Gap-A are reimbursement funds intended to fill a potential void between traditional loan funds from a senior lender, developer equity, tax credits and other non-traditional funding sources. Gap-A has provided permanent mortgage funds for the repair and renovation of existing rental properties as well as acquisition and development of new residential rental properties within identified target areas. All Gap-A funding has been allocated to projects. Please check back soon for an update on funding availability.