Established 501(c)(3) housing developers can get $100,000 to $500,000 toward construction of permanent supportive housing for low-income veterans. Proposals are accepted year-round through The Home Depot Foundation's portal and decided three times a year.
The Home Depot Foundation funds hard construction costs for new construction or rehabilitation of multifamily permanent supportive housing for veterans, with awards typically $100,000 to $500,000. Established 501(c)(3) housing developers apply through the Foundation's grant portal. Proposals are accepted year-round and decided three times a year.
Our reading of the listing: for-profit businesses are not eligible for this one.
501(c)(3) nonprofit in good IRS standing for at least five years, with an operating budget of at least $300,000 and audited financials for the past three years
Project is new construction or rehabilitation of multifamily permanent supportive housing for veterans; only hard construction costs are funded
Foundation funding must be less than 50% of total development cost, and at least 20% of units must be reserved for honorably discharged veterans at or below 80% AMI
Project must start within 12 months of proposal submission, keep units veteran-occupied for at least 15 years under a binding third-party agreement, and provide supportive services
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