Board collected those funds and put them in Operating instead of Reserves.

When dealing with federal, state, and local NOFA (notice of funds availabilities), do government funds allocated for affordable housing often get depleted from too many developers requesting funds for new projects?

We'll only do it if we can access the funds immediately. 

I have met some private investors that are interested in helping me with the funding of my flip, but I haven't found any properties yet.

.: Hello,I'm new to tax/mortgage surplus funds retrievals, and have been in contact with a homeowner who is willing to work with me.

Of course, you can always contact a prospective fund operator directly and ask them your own set of DD questions (ask for their track record, properties that the fund has acquired thus far, performance of the fund, past funds that have closed to investors and how they have performed, etc).  

I even bought 3 properties in one day using the HELOC to fund the down payment on each of those purchases. 

I know it most likely is not as good as Propstream but is the data sufficient enough? 

Has anyone in the BP community dealt with Norada funding?

Don't use your emergency fund.