Front Porch Investments is excited to announce a brief innovation round of funding for projects (or phases of projects) and affordable housing supportive programs.
Donor Name: Omaha Community Foundation
State: Nebraska
City: Omaha
Type of Grant: Grant
Deadline (mm/dd/yyyy): 03/28/2022
Details:
During the innovation round, grant opportunities will be available solely to nonprofit organizations for capacity building (including staffing capacity) related to affordable housing projects, programs that support low- and moderate-income families in accessing affordable housing, proper owner engagement programs, or affordable housing workforce capacity building programs, including trade/construction related programs. Additionally, nonprofit developers can apply for grants to address valuation gaps in areas where development costs exceed market value.
Eligible projects include, but are not limited to: gap financing for the development of new affordable housing and preservation of existing stock (including mixed-income rental housing), the creation of affordable housing in areas near job centers and transit, programs that support access to affordable housing, and transformative “catalyst” projects in neighborhoods undergoing broader revitalization efforts.
Eligibility Criteria
Grant and loan opportunities will be available to nonprofit organizations and for-profit developers.
For more information, visit Omaha Community Foundation.