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OpenState program

HOME Investment Partnerships Program (HOME) 2024 Program Activities reopened NOFA

Department of Housing and Community DevelopmentNo deadline listed

Does this fit your business?

This is a California state program that funds affordable housing activities for low-income households, awarded first-come, first-served to nonprofits, cities, counties, tribal entities, and state-certified CHDOs. For-profit businesses, including small businesses and sole proprietors, cannot apply and should not spend any time on it.

Best for
Nonprofits running homebuyer, rehabilitation, or rental assistance programs, Cities and counties that do not receive HOME funds directly from HUD, Native American entities and tribal governments, State-certified CHDOs seeking predevelopment loans
Not for
For-profit businesses of any size, Small businesses and sole proprietors, Projects located outside state HOME-eligible jurisdictions or Tribal lands
Estimated fit by industry, best first
IndustryEstimated fit
Social Services & NonprofitCurrently accepting applications
37
Possible Match
Environment & ConservationLimit: Primarily for economically disadvantaged businesses
36
Possible Match
Arts & CultureLimit: Primarily for economically disadvantaged businesses
34
Worth Exploring
Education & TrainingLimit: Primarily for economically disadvantaged businesses
33
Worth Exploring
Agriculture & FarmingLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Construction & InfrastructureLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Show all 15 industries
Estimated fit by industry, best first
IndustryEstimated fit
Energy & Clean TechLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Finance & BankingLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Food & BeverageLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Healthcare & BiotechLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Housing & Real EstateLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
ManufacturingLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Retail & E-CommerceLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Technology & SoftwareLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring
Transportation & LogisticsLimit: Only governments, nonprofits, tribes or universities may apply —…
0
Worth Exploring

These are our matcher’s estimates for a typical business in each industry. A real match depends on your size, your state and what you need the money for — check your own fit.

What this funds

Who can apply
Nonprofits, State and local governments, Tribal governments and organizations

Questions about this grant

How much funding can an applicant receive?
No fixed award amount is published; awards depend on the applications received. The total program funding available is $14,000,000, awarded on a first-come, first-served basis until funds are exhausted or the next NOFA is released.
Who can apply for this grant?
Nonprofits, public agencies, and tribal governments may apply, including cities and counties that do not receive HOME funds directly from HUD, Native American entities, and state-certified CHDOs. Activities must be located in state HOME-eligible jurisdictions or on Tribal lands.
Can a sole proprietor or single-member LLC apply?
No. A for-profit business may not apply, and a small business may not apply, which excludes sole proprietors and single-member LLCs.
Can a nonprofit apply?
Yes. Nonprofits are an eligible applicant type, and state-certified CHDOs can also apply for predevelopment loans.

Summary

The state HOME program provides funding for housing rehabilitation, new construction, and acquisition and rehabilitation for multifamily projects; new construction and down payment assistance for single-family projects; first-time homebuyer down payment assistance, owner-occupied rehabilitation and tenant-based rental assistance programs; and predevelopment loans to CHDOs. All activities must bene

About this grant

The state HOME program provides funding for housing rehabilitation, new construction, and acquisition and rehabilitation for multifamily projects; new construction and down payment assistance for single-family projects; first-time homebuyer down payment assistance, owner-occupied rehabilitation and tenant-based rental assistance programs; and predevelopment loans to CHDOs. All activities must benefit low-income renters, homebuyers or homeowners.

The HOME Program is a federal formula grant program that provides annual allocations to states to increase and preserve the supply of decent, safe, and sanitary affordable housing specifically for serving low-income [at or below 80 percent (80%) of Area Median Income (AMI)] and very low-income [at or below 50 percent (50%) of AMI] households.  This NOFA is to make available unclaimed HOME 2024 NOFA Program Activities funding, on an over-the-counter basis, until the next HOME Program Activities NOFA is released or funds are exhausted.  With this funding, the Department will award HOME funds to eligible applicants on a first-come, first-served basis, in the form of loans/grants to fund Program Activities including first-time homebuyer programs, owner-occupied rehabilitation programs, and tenant-based rental assistance programs.

Type: Grant; Loan Award: not published as a fixed amount; depends on the applications received Total available: $14,000,000.00 Matching funds: Not Required Funding method: Reimbursement(s) Funding source: Federal Deadline: Ongoing Award period: 5 years Apply at: https://gn.ecivis.com/GO/gn_redir/T/vyjsqf2kekyx Source: California Grants Portal record 164586, published by the State of California.

Who can apply

Our reading of the listing: for-profit businesses are not eligible for this one.

Eligible applicant types: Nonprofit; Public Agency; Tribal Government

Eligible applicants include cities and counties that do not receive HOME funds directly from HUD; Native American Entities; and state-certified CHDOs. See NOFA for more details on eligibility.

Geography: This funding is eligible for program activities to be located in only state HOME-eligible jurisdictions, and on Tribal lands.

Topics and uses of funds

Topics

  • Housing
  • Community development
  • Economic development

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