Opportunity Title: HOME Investment Partnerships Program
Description:
Assist cities, counties, developers, including Native American Entities, and nonprofit Community Housing Development Organizations (CHDOs) to create and retain affordable housing.
Eligibility:
Cities and counties that do not receive HOME funds directly from the federal Department of Housing and Urban Development (HUD); developers, including Native American Entities, and current state-certified nonprofit Community Housing Development Organizations (CHDOs) proposing activities in eligible communities.
Eligible Activities: Housing rehabilitation, new construction, and acquisition and rehabilitation, for both single-family and multifamily projects, and predevelopment loans to CHDOs. All activities must benefit lower-income renters or owners.
Award Details:
Total Amount Available: $36M
Project Funding Maximums:
Rental New Construction or Rehab: $7M
First-Time Homebuyer Project:$7M
CHDO Operating Funds Grant: $200K
Administrative Funds Grant: $150K
Submission Details:
Application Deadlines:
Deadline for Cities, Counties, CHDOs, and Developers: 3/30/22
Deadline for Tribal entities: 4/21/22
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.
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