Find funding for affordable housing programs, construction, shelter initiatives, and services for low-income and unhoused populations
700+
Available grants
$763.1M
Total funding
$25K
Median grant
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Background
The purpose of DR-ACCEL is to address projects with funding gaps so they may move into construction. Funding available under this Project Solicitation is derived from CDBG-DR funds. No bond sale or similar financial arrangements are involved.
HUD requires that 80 percent of CDBG-DR funding be spent within areas designated as Most Impacted and Distressed (MID areas). HCD will spend 100 percent of the 2023 DR Allocation, including the mitigation set-aside, in the HUD MID areas for DR-4683. Data sources relating to these MID counties are further explained in the Unmet Needs Assessment section of the Action Plan.
Low-and moderate income (LMI) renters receive the least amount of resources after disasters yet face the largest need for housing. The housing programs were allocated based on data from Disaster Case Manager Providers (DCMPs). Based on data provided by DCMPs, the largest group of LMI populations impacted by DR-4683 are renters, who plan on continuing renting.
The following counties constitute the MID areas for DR-4683: Merced, Santa Cruz, San Joaquin, San Luis Obispo, and Ventura. Data sources relating to these MID counties are further explained in the Unmet Needs Assessment section of the Action Plan.
One of the prioritization criteria is distance to DR-4683 flooded areas. Projects closest to DR-4683 and not in 100-year flood plain areas will receive more points for this program.
Affordable housing grants provide essential funding for nonprofits to build homes, renovate facilities, and offer rental assistance. These grants target underserved communities, low-income families, and veterans, empowering nonprofits to address critical housing needs and foster stability in vulnerable populations.
Access 300+ opportunities and $151.9M in funding for affordable housing programs. Instrumentl connects nonprofits to private foundations, government agencies, and corporate funders. Benefit from deadline tracking and tailored insights to streamline your grant search.
How common are grants in this category?
Common — grants in this category appear regularly across funding sources.
Over the past year, when are grant deadlines typically due for Affordable Housing grants for Nonprofits?
Most grants are due in the third quarter.
Nonprofits focusing on providing rental assistance, offering education on homeownership, developing affordable housing, and working on homelessness prevention can qualify for affordable housing grants. Organizations are also eligible if they are working on community development, or providing housing equity solutions.
Grants for affordable housing typically have the highest concentration of deadlines in Q3, with 26.2% of grant deadlines falling in this period. If you're planning to apply, consider prioritizing your applications around this time to maximize opportunities. Conversely, the least active period for grants in this category is Q4.
These grants increase access to safe and affordable housing solutions for low-income groups while promoting physical well-being. The funders want to fight against housing insecurity and prevent homelessness. They also want to support initiatives to develop long-term sustainable housing solutions.
On average, grants for affordable housing provide funding between $250 and $38,300,000, with typical awards falling around $50,000 (median) and $1,026,327 (average). These insights can help nonprofits align their funding requests with what grantmakers typically offer in this space.
Major funders of affordable housing grants include federal agencies and private foundations such as the US Dept. of Housing and Urban Development (HUD) and MacArthur Foundation.
State and local governments also provide funding through affordable housing grants. Some funds are also generated from corporate sector banks and real estate companies.
To improve grant success, nonprofits should:
For additional guidance, explore our step-by-step guide to crafting compelling grant proposals.
Instrumentl streamlines the search for affordable housing grants by identifying relevant funding opportunities. You can also track deadlines, and get insights into funder priorities. You can manage applications more efficiently with Instrumentl as well. See how Habitat for Humanity raised funding for affordable housing.