Coronavirus (COVID-19) Guidance

Post COVID Portfolio Stabilization Policy: On April 19, 2024, the Citywide Loan Committee approved the Post COVID Portfolio Stabilization Policy to assist projects that continue to experience operating deficits during the Post COVID period. The application, training slides and a training webinar are available. Applications for CY 2023 AMR reporters are due by the AMR reporting deadline. 

Covid-19 Allowance Alternative Residual Receipts Distributions: MOHCD offers this guidance to allow Owners to retain a greater share of Residual Receipts for CY 2019/FY 2019-20 than is currently permitted under the Residual Receipts Policy.

Moratorium on Evictions: They City has issued a 30-day moratorium on evictions related to the COVID-19 pandemic.

Guidance on Operating Reserves: MOHCD offers this guidance on the use of Operating Reserves for operating shortfalls that are due to the impact of the COVID-19 public health emergency on a project.