Affordable Housing Grants for Community Development Projects
GrantID: 76218
Grant Funding Amount Low: Open
Deadline: Ongoing
Grant Amount High: Open
Summary
Substantial funding to help create, preserve, or improve affordable housing. There is a large pool of grant dollars available to support housing projects that benefit households with lower incomes. These funds are part of an annual competitive process designed to drive community development and expand access to safe, affordable homes.
The primary intent of the grant is to support activities like purchasing land, building new homes, renovating existing properties, or rehabilitating apartments so that they remain affordable for households earning below specified income thresholds. Funds are targeted to help rental housing where a portion of the units serve very low-income occupants and owner-occupied homes for households with moderate to low incomes. This makes the opportunity useful for projects that serve families, individuals, seniors, and other income-qualified residents.
Eligibility is structured around partnerships: the grant dollars are not claimed directly by individuals but are accessed through eligible member institutions — typically financial organizations — that apply on behalf of local sponsors, which can include nonprofits, community groups, or government entities. These sponsors and their partners work together to propose housing initiatives that will serve their communities. The competitive nature means not all applications receive funding; projects are reviewed based on criteria like community impact and how well they meet the goals of the program.
Overall, this housing grant opportunity aims to boost housing affordability, support community organizations and developers, and increase the availability of homes for income-qualified households in designated regions.
To find more grants, go to The Grant Portal and use the Search Grant tool to find your next grant.
Eligible Regions
Interests
Eligible Requirements
