September 23, 2026
The Los Angeles Housing Department (LAHD) has increased its second round of notice of funding availability (NOFA) by 20% from the 2025 NOFA.
Today, the Los Angeles City Council passed a historic amount of funding for affordable housing with the second round of Homes for LA Affordable Housing 2026 Notice of Funding Availability (Homes for LA NOFA). This record-breaking amount for affordable housing is a 20% increase from the first round of funding approved by Council last September. Similar to the first round of funding, the 2026 NOFA consists of majority ULA funds, with nearly 70% of funds coming from Measure ULA.
“This historic investment will help us build new affordable housing, preserve the affordable housing we already have and provide operating assistance to stabilize existing developments,” said Councilmember Imelda Padilla, Chair of the Los Angeles City Council Housing Committee. “As we move forward, I want to ensure this investment is matched by accurate tracking, transparent reporting and real accountability for how these funds are spent and how each program is progressing. We must follow these dollars and ensure they are producing the affordable housing Angelenos deserve.”
“The Homes for LA NOFA shows what it looks like when we invest in our communities with intention—with real dollars, real projects, and real homes,” said Councilmember Ysabel Jurado. “Measure ULA provides more than two-thirds of the funding available in this round, turning the will of Los Angeles voters into concrete solutions that build and preserve affordable housing and prevent homelessness. In Council District 14, these investments can help working families, seniors, and people with disabilities stay in the neighborhoods they call home. When I chaired the Council’s Ad Hoc Committee on Measure ULA, I worked to ensure these dollars were used with urgency, transparency, and accountability. Now, as chair of the Homelessness and Health Committee, I’m carrying that work forward—accelerating the delivery of affordable and supportive housing, connecting housing with health care and services, and making sure resources reach the people who need them most.”
Prior to last year’s NOFA, the Los Angeles Housing Department (LAHD) typically released applications for $50-$75 million dollars worth of funding. With Measure ULA, annual funds for affordable housing can be expected to be in the hundreds of millions. As a real estate transfer tax, Measure ULA offers a permanent, continuous source of funding.
“The 2026 Homes for LA NOFA is a testament that ULA is working and is wildly successful,” said Joe Donlin, Executive Director of the United to House LA Coalition. “Measure ULA is Los Angeles’s largest affordable housing and homelessness prevention fund. In three years, ULA has funded construction for 1,900 units of brand new affordable homes. Now, the largest NOFA in Los Angeles’s history will fund even more affordable housing with mostly Measure ULA funds. There’s no way through our housing and homelessness crisis without a permanent source of funds to address its scale, and with Measure ULA, Los Angeles is starting to build that for the first time ever.”
This past May, the 2025 Homes for LA NOFA awarded $360 million to fund 80 projects comprising funding for 1,528 newly constructed units and 3,713 units preserved or stabilized and included funding for first-ever social housing projects and the recently announced $102M Small NOAH fund.
The 2026 Homes for LA NOFA approved today will top that accomplishment, putting $460 million out for bid next month, $324 million of which will be funded by Measure ULA. It will add one program focused on assisting existing affordable housing through the provision of operating assistance funds, aimed at stabilizing entire affordable housing portfolios rather than individual projects. The six other programs funded include three that support new construction of affordable housing and three that preserve existing affordable housing.
Applications for the Homes for LA NOFA 2 open on October 13 and close on December 4.
“Measure ULA has been a game changer for affordable housing in Los Angeles,” said Elda Mendez-Lemus, Executive Director of LAFHBuilds. “The award received by LAFHBuilds allowed us to advance a critical housing development much faster than would have been possible through the traditional layered funding process, helping us respond more quickly to the urgency of the housing crisis. ULA is closing financing gaps, accelerating the creation of deeply affordable homes, and providing developers with the resources needed to deliver housing for those who need it most. Just as importantly, it represents a long-term investment in housing equity and in the future of our communities.”
“The three buildings in the Slauson Preservation community were in need of capital upgrades and have significant deferred maintenance and repairs that are not possible to address with current reserve levels and cash flow, but ULA has allowed us to secure significant funds for major capital improvements to ensure the financial health and continued affordability of the Slauson Preservation community,” said Victor Tran of Venice Community Housing, which received a commitment for a $12,095,528 rehabilitation/construction and permanent loan for Slauson Preservation through the ULA Alternative Models Preservation pool in the first Homes for LA NOFA. “ULA will ensure long term affordability, keeping the community accessible to low-income renters who would otherwise be displaced due to the pressures of gentrification, including escalating rental costs.”
“Funding from the last NOFA is what allowed us to begin predevelopment on Linda Vista, 47 permanently affordable homes across three sites in Boyle Heights to be developed in partnership with Little Tokyo Service Center,” said Vanessa Gonzalez of Fideicomiso Comunitario Tierra Libre. “It turned an idea into a real project with a path forward. As a community land trust, we’re building more than housing—we’re taking land off the speculative market and putting it under permanent community control, giving tenants a real voice in how their homes are governed and cared for.”
As of August 2026, Measure ULA has raised $1.37 billion dollars and funded more than 5,600 affordable homes in its first two rounds. That includes new construction of 1,900 homes; of the preliminary “Accelerator Plus” round of 795 homes across nine projects, 292 are already completed and occupied, with hundreds more under construction and in pre-development. Regular availabilities should fund 13,000 affordable homes over Measure ULA’s first ten years. Measure ULA also funds income support for families including seniors and disabled people and rental assistance, two direct funding programs which have kept more than 10,000 people housed, with thousands more set to receive support from this year’s $14 million Emergency Income Support Program for seniors and people with disabilities affected by the crises of 2025. Measure ULA also funds Stay Housed LA, an integrated homelessness prevention program that has reached more than 154,669 tenants through texts, calls and in-person events, and provided legal assistance to nearly 12,000 clients facing eviction.