The City of Norfolk is now accepting applications from local nonprofits for its 2023 HOME Investment Partnerships.
Donor Name: City of Norfolk
State: Virginia
City: Norfolk
Type of Grant: Grant
Deadline (mm/dd/yyyy): 12/31/2021
Contract Period: 1 year
Details:
HOME is the largest federal block grant to state and local governments designed exclusively to create affordable housing for low-income households.
In general, under the HOME Investment Partnerships Program, HUD allocates funds by formula among eligible State and local governments to strengthen public-private partnerships and to expand the supply of decent, safe, sanitary, and affordable housing, with primary attention to rental housing, for very low-income and low-income families.
HOME funds may be used to develop and support affordable rental housing and homeownership affordability through:
- Down Payment Assistance
- New Construction (by eligible CHDOs)
- Housing Rehabilitation
- CHDO Operating Expenses
- HOME Administration
- Tenant-based rental assistance
Eligibility Criteria
- Local Government
- Non Profits
- Other
Eligibility Notes:
- This is a competitive process. Award recipients are not guaranteed funding from year to year.
- The lead organization applying for the grant must have an IRS designation of 501(c)(3) or be a government or quasi-government agency.
For more information, visit City of Norfolk.
