Best Affordable Housing Grants for Nonprofits in Colorado

The Innovative Housing Incentive Program Grant, initiated by the Colorado Office of Economic Development and International Trade, aims to address the housing shortage in Colorado by supporting innovative housing manufacturing businesses. It provides funding through grants and factory loans, with an emphasis on creating affordable housing solutions. The program incentivizes the development of new modular and panelized housing units, fostering economic growth and job creation across the state.

About Regions

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services. Regions serves customers across the South, Midwest and Texas.

Regions Foundation

Regions Foundation supports community investments that positively impact the communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.

Matching Gifts Program

Full-time associates and recent retirees (up to 5 years after retirement) of Regions and its affiliated companies can request a Regions Matching Gift to eligible organizations. The recipient organization must be a 501(c) or 170(c) organization located in the Regions footprint (except for accredited educational institutions, which may be located anywhere in the United States) and has a primary mission that clearly fits one of these categories:

• Economic and community development: Supporting economic prosperity through affordable housing, job creation, small-business development, homebuyer education and retention, neighborhood revitalization and stabilization, food security/hunger relief.
• Education and workforce readiness: Supporting career prosperity through student competency and skill building, college and career readiness, educational access and success, credential building and employment and educator training and resources.
• Financial wellness: Supporting financial prosperity through K-12 and college financial education, adult and workforce financial empowerment.
• Arts and culture: Organizations that promote visual or performing arts, historic or science museums, zoos, botanical gardens, libraries, parks or public radio and television.
• Service members and Veterans: Organizations that have a primary mission of supporting U.S. military service members and veterans.
• Individuals with disabilities: Organizations that have a primary mission of supporting individuals with disabilities.

Regions Matching Gifts for Recent Retirees

Retirees of Regions and its affiliated companies are eligible for the Matching Gift Program for up to 5 years after retirement (the gift date must be within the first 5 years of retirement). Regions will match donations of $25 or more, up to a total of $1,000 per year per retiree.

The Regions Community Affairs team will contact the organization on your behalf to verify the gift and review eligibility.

The Melvin & Elaine Wolf Foundation Grant supports Colorado-based nonprofits focused on children's health and education, as well as programs that enhance adult well-being. The foundation, established in 1979, emphasizes community responsibility and aims to foster opportunities through funding commitments. First-time applicants should note the current three-year wait list, while previous applicants can submit their Letters of Intent by October 31st, 2025, for the upcoming funding cycle.

Department of Local Affairs, Division of Housing

Created in statute in 1970, the Division of Housing with the Department of Local Affairs partners with local communities to create housing opportunities for Coloradans who face the greatest challenges to accessing, affordable, safe, and secure homes. Working with the Colorado State Housing Board, the Division of Housing supports projects ranging from homelessness prevention to homeownership.

Community Development Block Grant (CDBG) Program

The Community Development Block Grant (CDBG) Program awards grants to smaller units of general local government that develop affordable housing, provide services and create jobs.

Activities funded with CDBG by the Division of Housing may address needs such as infrastructure for housing projects, housing rehabilitation, property acquisition, elimination of blighted conditions, code enforcement and homeowner assistance.

Eligible Project Types and AMI Levels

Rental and Homeownership:

• 51 percent of units must serve Low- to Moderate-Income households up to 80% AMI
• No income restrictions on the remaining units

Eligible Activities

• Homebuyer assistance through Down Payment Assistance (DPA) programs
• Rehabilitation for owner-occupied homes through Single-Family Owner-Occupied (SFOO) programs
• Rental housing acquisition and/or rehabilitation

FNBO: Capital or Major Donations aims to support nonprofit organizations through significant financial contributions for capital projects. This initiative focuses on enhancing community well-being by addressing key areas such as affordable housing, environmental stability, and education. FNBO prioritizes partnerships with nonprofits dedicated to long-term impacts, especially for historically underrepresented populations. By fostering community engagement and providing essential resources, FNBO strives to create a positive influence in the regions it serves.

The Local Planning Capacity Grant Program (CO) aims to enhance the abilities of local government planning departments to tackle affordable housing challenges. By facilitating the development review, permitting, and zoning processes, the program prioritizes support for local governments implementing fast track requirements from Proposition 123. Grants up to $250,000 are available, with a 20% minimum cash match required. This initiative seeks to bolster local planning efforts, increase affordable housing units, and fulfill Prop 123 commitments.

The Colorado Health Foundation offers the Rapid Response: Advocacy Grant Program to support short-term advocacy initiatives that promote health equity in Colorado. There is no application deadline; applications are reviewed on a rolling basis, with decisions generally made within 45 days. Eligible organizations can focus on time-sensitive public policy advocacy addressing priorities such as access to quality healthcare, children's safety, and affordable housing. This grant empowers community-driven solutions to enhance health outcomes for underserved populations.

About Regions

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services. Regions serves customers across the South, Midwest and Texas.

Regions Foundation

Regions Foundation supports community investments that positively impact the communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.

Matching Gifts Program

Full-time associates and recent retirees (up to 5 years after retirement) of Regions and its affiliated companies can request a Regions Matching Gift to eligible organizations. The recipient organization must be a 501(c) or 170(c) organization located in the Regions footprint (except for accredited educational institutions, which may be located anywhere in the United States) and has a primary mission that clearly fits one of these categories:

• Economic and community development: Supporting economic prosperity through affordable housing, job creation, small-business development, homebuyer education and retention, neighborhood revitalization and stabilization, food security/hunger relief.
• Education and workforce readiness: Supporting career prosperity through student competency and skill building, college and career readiness, educational access and success, credential building and employment and educator training and resources.
• Financial wellness: Supporting financial prosperity through K-12 and college financial education, adult and workforce financial empowerment.
• Arts and culture: Organizations that promote visual or performing arts, historic or science museums, zoos, botanical gardens, libraries, parks or public radio and television.
• Service members and Veterans: Organizations that have a primary mission of supporting U.S. military service members and veterans.
• Individuals with disabilities: Organizations that have a primary mission of supporting individuals with disabilities.

Regions Matching Gifts for Full-Time Associates

Regions supports organizations important to our associates through the Regions Matching Gifts Program. This program, which is open for use for all full-time Regions associates, affiliate associates and recent retirees, allows you to make an even greater difference to your favorite charities by doubling your tax-deductible contributions to these organizations. 

The FNBO Impact Grant Program aims to empower nonprofit organizations that eliminate barriers to economic and social opportunities. Focusing on Affordable Housing, Workforce Development, and Financial Literacy, this initiative supports projects that enhance community well-being and promote personal economic self-sufficiency. While the 2025 grant cycle is closed, interested applicants should check back in early 2026 for updates on future funding opportunities.

The KeyBank Foundation Grants support nonprofit organizations focused on enhancing communities through education, workforce development, and affordable housing. Founded in 1969, the Foundation prioritizes diversity, financial capability, and sustainability. Their grants aim to empower individuals for success by improving access to resources, fostering economic inclusion, and creating safe environments. By partnering with community organizations, KeyBank Foundation seeks to make a measurable impact and ensure lasting positive change for families and small businesses.

The Reiter Family Foundation Grant aims to support impactful organizations in Colorado, focusing on housing, food, education, and environmental conservation. With grant amounts ranging from $1,000 to $20,000, the foundation welcomes diverse applicants and partnerships. As part of its upcoming grant cycles for 2026, specific themes will be prioritized, including housing and food in February, education and youth in May, and environment and conservation in September. Additional funding opportunities may also be available.

The Community Possible Grant Program by U.S. Bank aims to foster economic and workforce advancement, as well as safe and affordable housing. By partnering with 501(c)(3) nonprofit organizations, the program seeks to drive lasting change within communities through collaborative grantmaking. Priority is given to organizations that promote diversity, equity, and inclusion, and that address multiple pillars of work, home, and play. This initiative reflects U.S. Bank's commitment to creating a more equitable society.

The Neighborhood Builders Program, supported by Bank of America, empowers 501(c)(3) nonprofits through a two-year leadership development initiative. Participants receive funding, training, and networking opportunities to enhance their impact in communities. Since its inception, the program has invested over $346 million, training more than 4,000 leaders. The initiative focuses on advancing social mobility and economic opportunities, ensuring affordable housing, and fostering resilient communities. This program is vital for nonprofits aiming to strengthen their leadership and community engagement.

FNBO's Community Sponsorships provide vital financial support to nonprofit organizations and community events that enhance the well-being of our communities. By focusing on affordable housing, entrepreneurship, education, environmental sustainability, access to arts and culture, community cohesion, and health, FNBO aims to create impactful partnerships. Monthly reviews of sponsorship requests ensure timely decision-making, emphasizing FNBO's commitment to fostering community development and empowering historically underrepresented populations.

The Huntington Impact Investment Philanthropy Grant Program aims to strengthen communities by supporting nonprofit organizations that enhance self-sufficiency and social equality. With a focus on areas such as community revitalization, affordable housing, and economic development, the program prioritizes initiatives that serve low- and moderate-income individuals. Organizations with IRS tax-exempt status can apply for funding to address critical community needs, fostering a more equitable environment for all.

The Bank of America Charitable Foundation focuses on supporting organizations that empower communities through basic needs, income creation, and stable housing. By investing in health and job opportunities, they aim to enhance economic mobility for low- and moderate-income families. Their partnerships target vulnerable populations, ensuring equitable access to resources that foster community vitality and resilience. This initiative emphasizes the importance of stable housing as a foundation for personal and communal growth.

Intermountain Community Care Foundation

Our mission: Helping people live the healthiest lives possible.

Intermountain Health is the largest nonprofit health system in the Intermountain West. We’re dedicated to creating healthier communities and helping our patients thrive.

Intermountain Health was established in 1975, but our legacy of compassion and care extends well beyond that, going back to the late 1800s and the early 1900s in Colorado and Utah respectively. We have since become a 60,000+ person strong nonprofit health system, with operations in six states across the interior West with a shared vision to be a model health system that inspires the future of health.

Intermountain Healthcare, SCL Health, and HealthCare Partners Nevada have now come together to serve communities in Colorado, Idaho, Montana, Nevada, Utah, and Wyoming.

Grants

The Intermountain Community Care Foundation awards grants to organizations whose programs align with Intermountain Health’s mission, our national community health areas of focus, and priorities identified through our Community Health Needs Assessment. By supporting evidence-based programs and services that strengthen communities, the Foundation is dedicated to helping people live the healthiest lives possible.

What We Fund

We provide grants to organizations whose programs align with Intermountain Health’s mission, our national community health areas of focus, and priorities identified through our Community Health Needs Assessment.

• Healthcare Access Grants
• Social Drivers of Health Grants
• Child & Family Mental Well-Being Grants
• Utah Education Innovation Grants

Social Drivers of Health Grants

To qualify for Social Drivers of Health grant funding, your program or service must align with at least one of these social drivers of health priorities:

• Improve nutrition security
• Improve stable and quality housing through wraparound and support services

Requirements

• A full and complete financial audit conducted within the last two years. Submission must include the entire audit, including any findings and the auditor's letter
• A copy of the organization's 501(c)(3) designation letter or comparable government designation
• A completed W9
• A completed Supplier Form (a blank copy will be provided in the application)

Additional information

• Applications will be accepted for new or existing programs that clearly address a social driver of health. New programs may include pilot initiatives.
• In Utah and Idaho, applicants can request a total grant award between $5,000 to $100,000 per year for 3 years (up to $300,000 total) for the entire project period. Projects can last between 12 and 36 months and must begin upon receipt of funding.
• In Colorado, Montana, and Nevada, applicants can request a total grant award between $5,000 to $50,000 per year for 2 years (up to $100,000 total) for the entire project period. Projects can last between 12 and 36 months and must begin upon receipt of funding.
• Budget Limitation - A funding request may not exceed 20 percent of an organization’s annual operating budget, e.g., to be eligible for a $50,000 grant, your organization’s annual operating budget must be at least $250,000.
• In general, small equipment and materials, such as jump ropes or cooking utensils are eligible, at no more than a total $5,000 cost, but large equipment, construction, and capital costs are not eligible. Consideration will be given if computer equipment is necessary and vital to the success of the project.

Wegmans Family Foundation Inc focuses on cultivating healthy communities through support for hunger relief, health initiatives, education, and youth programs. They prioritize collaborations with local nonprofits to enhance community well-being, offering assistance in key areas like economic mobility and youth engagement. Despite their wide-ranging support, they have specific ineligibility criteria, such as not accommodating personal requests or solicitation on their property, aiming to direct resources effectively where they are needed most.

The Level 1 Fair Housing Grant, offered by the National Association of REALTORS®, supports initiatives aimed at educating REALTORS® on fair housing issues. Grants can fund classes, forums, or workshops, with a maximum award of $3,000. Starting in 2025, the grant will also support expenses related to the At Home With Diversity class to align with new training requirements. This initiative ensures REALTORS® have the resources to promote diversity and inclusion in their communities.

The Level 1 Housing Opportunity Grants, provided by the National Association of Realtors, aim to enhance education on housing affordability for REALTORS® and the community. Grants of up to $3,000 support various initiatives, including forums, speakers, and stakeholder meetings. This initiative encourages collaboration and knowledge sharing to address pressing housing issues and promote affordability in communities. Eligible associations can receive one grant annually, with reimbursement requests due by December 19, 2025.

The Choice Neighborhoods Implementation Grants for Fiscal Year 2025 support revitalization efforts in severely distressed public housing and surrounding neighborhoods. This program encourages collaboration among local governments, housing agencies, and community partners to create comprehensive plans aimed at improving housing quality, promoting upward mobility for residents, and attracting long-term investment for neighborhood development. Successful applicants will implement their Transformation Plans, which were developed through prior Planning Grants to enhance the quality of life for residents.

El Paso County Community Development Block Grant

Since 2009, El Paso County Community Development Block Grant funds have been awarded to local jurisdictions and non-profit organizations. Agencies with experience administering federal funding will likely have adequate internal controls and policies to successfully implement a CDBG funded project. Eligible projects are those that serve low-to-moderate income residents (LMI), create jobs for low-to-moderate income clients (LMJ), or serve a low-to-moderate income area (LMA) within El Paso County.

About NCRC

The National Community Reinvestment Coalition (NCRC) is a nationwide network of nearly 800 organizations and champions working for a Just Economy, where all Americans can build wealth and provide for their families with stability and dignity.

Our vision: To solve America’s historic racial and socio-economic wealth, income and opportunity divides. This vision is the foundation of the Just Economy Pledge.

Fellowship for Equitable Development

The National Community Reinvestment Coalition matches top-level graduate degree students with premiere community development organizations.

NCRC is looking for fellowship projects that move the needle on housing, small business development, and workforce development. Projects may directly result in community outcomes in these focus areas, or involve work with community members to create plans or project pipelines that will solve local issues in these areas.

The NCRC Fellowship cultivates the next generation of community development leaders and empowers them to tackle the issues of tomorrow. The community development sector will face significant challenges in the coming decades from climate change, widening wealth gaps, food insecurities, extreme housing shortages and other needs. These challenges will disproportionately impact low-wealth communities and communities of color. Therefore, it is NCRC’s intention and pledge to uphold the values of community empowerment in the fellowship program.

Interested students and host organizations must apply for this fellowship opportunity.

Program Benefits for Student Fellows Include:

• High-quality training and support from regional leaders in the nonprofit, government, planning and community development fields
• A $20,000 stipend for the eight-month, part-time (20-hours per week) fellowship
• The opportunity to meet with leaders in the nonprofit, government, planning and community development fields
• Academic credit, in accordance with the policies of the Fellows’ respective universities
• Complimentary admission to the NCRC annual Just Economy Conference

Program Benefits for Host Organizations Include:

• Fresh, innovative talent to help advance organizational mission
• The opportunity to help shape the next generation of community development leaders
• Participation in a fellowship program at little to no cost

The Process

1. NCRC Members Apply; 2. NCRC Selects Member Projects; 3. Students Apply To Selected Projects; 4. Top Student Candidates Interviewed; 5. NCRC & Member Select Student Fellow; 6. NCRC Onboards Member & Student 7. Fellowship Commences

Student Fellow Applications

Fellow applications will open for eligible students once host projects have been reviewed and finalists selected. Students will apply to be considered for a specific host project. Top student candidates will be interviewed by NCRC as well as the host organization.

Fellow Requirements

• Must provide documentation confirming active enrollment (i.e. Letter of Enrollment from Registrar or transcript)
• Must commit to fellowship for full Period of September 14, 2026-May 14, 2027 academic school year
• Must commit to a 20 hour/week fellowship
• Must commit to a schedule with at least one day per week in-office of host organization

Adam R Scripps Foundation

Adam Scripps lived a life of humble generosity, helping to improve the lives of others without seeking recognition or fanfare for himself. The family-run Adam R. Scripps Foundation, established posthumously in 2023, allocates millions annually to his cherished causes like animal welfare and community development, with grants overseen by his relatives to honor his legacy.

Honoring Adam’s legacy, we make grants to collaborate, provide support and build resources that create opportunities and transformative pathways. For generations to come, we will improve lives and transform communities because we are a leader in family philanthropy. We value helping communities create lasting change. We do this through compassion, love of neighbor, humility, and generosity.

Self-Sufficiency Grant

Self-sufficiency is not just crucial for individuals; it’s also vital to the communities in which they live. As Adam did in his lifetime, his foundation will focus on initiatives to address employment, food insecurity, housing/homelessness, and critical human needs.

• Housing Access
  • Housing instability can negatively affect job security, academic performance, and physical and mental health.
  • Programs designed to help keep people in stable homes, including emergency shelter, rental assistance programs, transitional housing, and subsidized housing units, can help combat housing instability and promote self-sufficiency. 
• Food Insecurity
  • Persistent poverty in communities increases food insecurity and threatens child welfare.
  • Children deserve full plates and a system (beyond the child welfare bureaucracy) that will fight for them. Recognizing their importance to stability and eventually mobility, we support programs that meet the unique needs of children in vulnerable situations, address the needs of their caregivers and provide consistent access to enough food for every person in a household to live an active, healthy life. 
• Employment Barriers
  • Barriers to employment have detrimental impacts on individuals and families.
  • Economic development programming focused on business growth, job creation, entrepreneurship, financial well-being, job readiness, and stable employment will be embraced by the foundation because of their lasting benefits to individuals, families and communities.

The Level 2 Housing Opportunity Grants, provided by the National Association of REALTORS®, aim to address affordable housing challenges within communities. With a maximum award of $7,500, these grants encourage collaborations among local agencies to enhance housing access. Eligible activities include forums, expos, and studies that promote housing opportunities. Associations can receive one grant per year, and funds are disbursed via a reimbursement process, with requests due by December 19, 2025.

The Level 3 Housing Opportunity Grants, offered by the National Association of Realtors, support innovative projects aimed at enhancing housing opportunities. These grants are designed for initiatives that involve collaboration with non-REALTOR® partners and require significant REALTOR® involvement. Eligible projects should demonstrate potential for community impact and cannot include activities previously funded by Housing Opportunity grants. This initiative aims to foster growth and diversity within communities.

The Community Priorities Fund Grant, established by the Grand County Board of County Commissioners, aims to enhance the quality of life in Grand County, Colorado, through targeted support for childcare, housing, and local tourism. Funded by lodging tax revenue, it allocates at least 30% for community needs and 50% for tourism marketing. The BOCC's commitment ensures that 20% of the new tax revenue will directly support community priorities, fostering a sustainable and vibrant local economy for residents and visitors alike.