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Home » City of Norfolk announces 2023 HOME Investment Partnerships – Virginia

City of Norfolk announces 2023 HOME Investment Partnerships – Virginia

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.

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