This U.S. Department of Housing and Urban Development program awards grant funds to eligible national and regional nonprofit organizations and consortia to purchase home sites and develop or improve the infrastructure needed to set the stage for sweat equity and volunteer-based homeownership programs for low-income persons and families. Land acquisition, infrastructure improvements, and reasonable and necessary planning and administration costs are the only eligible uses for grant funds.
GENERAL ELIGIBILITY REQUIREMENTS:
National and regional nonprofit organizations and consortia.
FUNDER MATCH REQUIREMENT:
There is no matching requirement; however, the Grantee is required to leverage resources for the cost of construction and/or rehabilitation of self-help homeownership housing units.
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