Description
The California Department of Housing and Community Development is offering unclaimed HOME 2024 program activity funds on a first‑come, first‑served basis. Eligible nonprofit, public agency, tribal government, city, county, or state‑certified CHDO applicants may receive loans or grants for affordable‑housing related activities such as first‑time homebuyer assistance, owner‑occupied rehabilitation, and tenant‑based rental assistance. Funding totals $14 million, with a five‑year performance period; awards are dependent on demand and funds. No letter of intent or matching funds are required, and reimbursement is the delivery method. Applications are accepted continuously via an online portal until the next NOFA or funds are exhausted.
• Eligible applicants: nonprofits, public agencies, tribal governments, cities/counties without direct HUD HOME funds, state‑certified CHDOs.
• Eligible activities: multifamily rehab/construction, single‑family construction/down‑payment assistance, first‑time buyer assistance, owner‑occupied rehab, tenant‑based rental assistance, pre‑development loans.
• Funding: $14 M total, awards variable, reimbursement method, no match required.
• Period of performance: 5 years.
• Application: continuous, online, no LOI required.
Attached files
The solicitation documents live at the source — open the bid source above to download them.