Frequently Asked Questions - Applying for a Loan

Application information can be obtained in the Loan Programs section of the website. Applications are accepted on a continuous basis. Prior to submitting a fully documented application, applicants can submit a preliminary application and talk with the Executive Director regarding eligility.

In addition to projects that meet workforce housing needs and the affordability guidelines, preference will be given to projects with a high likelihood of being successfully developed based on the skills and experience of the development team and projects which leverage other funding to the extent necessary. Also preference will be given to projects that meet certain in-fill criteria as described in the Notice of Funding Availability and for projects that encourage energy conservation through green building techniques.

Loans are reviewed by the Program and Lending Committee and then underwritten by the Opportunity Fund. The Marin Workforce Housing Trust Board of Directors makes all final approval or denial decisions.

Interest rates are amended from time to time by the Board of Directors.  Please refer to the Notice of Funding Availability found in the Loan Programs section.