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Portfolio Reinvestment Program (PRP) Notice of Funding Availability

This funding provides loans to rehabilitate, capitalize operating subsidy reserves for, and extend the long-term affordability of department-funded housing projects that have an affordability restriction that have expired, or that will expire by 12/31/33, or are otherwise at risk for conversion to...

Loan (must be repaid) Intake closed; program continues (check for next intake)

Funder
Department of Housing and Community Development (listed as Department of Housing and Community Development (State of California))
Funder profile and all of its programs
Amount
$111,000,000.00 total available (published on the California Grants Portal).
Where
California
Eligibility
Open to businesses, self-employed people, nonprofits, individuals and state, provincial, local or tribal governments. Matching funds: not required. Recurring: offered in 3 past cycles; the latest has closed, watch for the next one.
Sectors
Community development, Housing, Indigenous and tribal, Nonprofits and charities
Deadline
Varies: check the official page for current dates
Source
California Grants Portal (data.ca.gov) (54075)
Last checked
2 November 2026
Funder contacts
Public organizational contacts on file Unlock full profile / Sign up

This is a loan. It must be repaid.

Official page ↗

From official open data: official page returned HTTP 200 on 2026-11-02. The summary is from the official listing; the eligibility line is our plain-language reading of its eligibility codes. Confirm details on the official page.

Related grant lists

Community development Housing Indigenous and tribal Governments and public bodies Individuals Nonprofits and charities United States California State agency

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