HOME Investment Partnerships Grant
This funding opportunity provides financial support to local governments and nonprofit organizations for initiatives that create and improve affordable housing for low-income families in Norfolk.
Description
The FY 2026 HOME Investment Partnerships Program, administered by Norfolk's Department of Housing and Community Development, is open for applications from November 25, 2024, through January 10, 2025. This federal block grant program is the largest of its kind, designed exclusively to support affordable housing for low-income households. The program emphasizes creating decent, safe, sanitary, and affordable housing, with a focus on rental housing for low-income and very low-income families. The funding period runs from July 1, 2025, to June 30, 2026.
Eligible applicants include local governments and nonprofit organizations. A total of $1,198,875 is available for distribution under this program. While no specific award amounts are detailed, applicants must provide matching funds, which can be in the form of cash or in-kind contributions. The program prioritizes partnerships between public and private entities to expand affordable housing options.
HOME funds can be applied to various housing initiatives, including down payment assistance, construction of new housing by eligible Community Housing Development Organizations (CHDOs), housing rehabilitation projects, CHDO operating expenses, and tenant-based rental assistance. Administrative costs associated with the program are also eligible for funding.
Applicants should prepare detailed proposals demonstrating alignment with program objectives and compliance with matching requirements. Submissions must be directed to the Department of Housing and Community Development, either through the specified application address at 501-A Boush Street, Norfolk, VA 23510, or via email at HUDEntitlement@norfolk.gov.
For more information about program requirements, guidelines, and priorities, prospective applicants can access the program’s details on the Norfolk city website or contact the program administrators at HUDEntitlement@norfolk.gov.