CA HCD: HOME Investment Partnerships Program (Deadline 3/30 & 4/21)
Opportunity Title: HOME Investment Partnerships Program
Assist cities, counties, developers, including Native American Entities, and nonprofit Community Housing Development Organizations (CHDOs) to create and retain affordable housing.
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.
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
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.