Donor Name: Pennsylvania Department of Community and Economic Development (DCED)
State: Pennsylvania
County: All Counties
Type of Grant: Grant and Loan Assistance
Deadline: Not specified
Size of the Grant: Up to $500,000 for towns, boroughs, and townships; up to $750,000 for cities and counties
Grant Duration: Not specified
Details/Overview:
The Pennsylvania HOME Program, funded by HUD, supports affordable housing initiatives for low- and very low-income residents. Funds can be used for homeownership opportunities, rental activities, housing rehabilitation, and CHDO projects. Applicants are required to provide a 25% local match for rental housing projects.
Maximum funding availability varies by HOME eligible activity.
Applicants seeking Existing Owner-Occupied Housing Rehabilitation and Homebuyer activities funding will be limited to a maximum of $500,000 as a town, borough or township. Cities and county applicants are limited to $750,000.
Applicants seeking rental housing and homebuyer – new construction activities will be limited to a maximum funding request of the per unit subsidy limits for the Metropolitan Statistical Area for the proposed activity.
All applicants must demonstrate matching contributions equal to 25% or greater for ALL HOME rental housing projects. Eligible match contributions may include cash contributions from non-federal sources, value of donated property, forbearance of fees, cost of on-site infrastructure improvements directly required for the HOME-assisted project and other eligible sources more specifically detailed in 24 CFR 92.220.

Maximum funding availability varies by HOME eligible activity. Applicants seeking Existing Owner-Occupied Housing Rehabilitation and Homebuyer activities funding will be limited to a maximum of $500,000 as a town, borough or township. Cities and county applicants are limited to $750,000. Applicants seeking rental housing and homebuyer – new construction activities will be limited to a maximum funding request of the per unit subsidy limits for the Metropolitan Statistical Area for the proposed activity. All applicants must demonstrate matching contributions equal to 25% or greater for ALL HOME rental housing projects. Eligible match contributions may include cash contributions from non-federal sources, value of donated property, forbearance of fees, cost of on-site infrastructure improvements directly required for the HOME-assisted project and other eligible sources more specifically detailed in 24 CFR 92.220.