Funding Opportunities

Home Depot Foundation's Affordable Housing Built Responsibly Program

Grant: Through the Affordable Housing Built Responsibly grant program, The Home Depot Foundation administers millions of dollars in grants each year to nonprofit organizations whose missions align with the Foundation's interests in supporting the production and preservation of affordable, efficient and healthy housing. The Home Depot Foundation makes grants to 501(c)(3) tax-exempt public charities in the United States and to charitable organizations in Canada. Support is given to programs and projects that align with the Foundation's mission and grant criteria. Please visit the Web site regularly for the latest information regarding grant cycle deadlines. read more

VA Announces Availability of Homeless Veterans Funding

Grant: The U.S. Department of Veterans Affairs has announced the availability of funds under the Capital Grant component of VA's Homeless Providers Grant and Per Diem Program, and is soliciting applications through March 31. Funds may be used for to acquire, renovate, or construct transitional housing for homeless veterans. read more

NOFA for Section 538 Loan Guarantees

Loan: The U.S. Department of Agriculture’s Rural Housing Service (RHS) is requesting for proposals for loan guarantees under the section 538 Guaranteed Rural Rental Housing Program (GRRHP) for 2010. Through the notice of funding availability (NOFA), $129,130,434 is made available for the new construction and the acquisition with rehabilitation of affordable rural rental housing. Eligible activities also include revitalization, repair, and transfer of existing direct section 515 housing, and properties involved in the Agency’s multi-family preservation and revitalization program. Responses will be accepted until December 31, 2010. read more

Business Opportunities

For Sale: Union Square Apartments, Union, MS

Properties For Sale: This 1930 apartment complex contains nine buildings with 12 one-bedroom, 28 two-bedroom, and 24 three-bedroom units. A project-based Section 8 Housing Assistance Payment (HAP) for 64 units will be provided at closing; project-based assistance is predicated on the availability of funds. Bids require a $100,000 earnest money deposit and a $427,025 letter of credit or cash escrow to ensure the completion of repairs. Bids will be accepted February 4, 2010. read more

For Sale: 100 Unit Project With HAP Contract, Holly Springs, MS

Properties For Sale: This apartment complex was built in 1971 and is comprised of 14, two-story buildings, this complex offers 16 one-bedroom, 24 two-bedroom, 36 three-bedroom and 24 four-bedroom units. A Project Based Section 8 Housing Assistance Payment (HAP) Contract for 100 units will be provided at closing. Bids Due: 3/11/2010. read more

Foreclosure Sale: 87 Units, Potential Historic Rehab, Philadelphia, PA

Properties For Sale: These apartment complexes were built in 1994 and 1919; the two buildings offer a total of 16 efficiency, 69 one-bedroom and 2 two-bedroom units. The Purchaser must conduct a Phase II Environmental Analysis at both locations. Attachment E provides more information concerning the environmental requirements. Interested parties should contact the Pennsylvania Historical and Museum Commission Bureau for Historic Preservation to determine if there are any historic preservation issues concerning these properties. Bids Due 3/31/2010. read more

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