COVID-19 Relief Resources

$18.7 million is available.
The application period closed in September 2020.
The application deadline is February 1, 2021, for jurisdictions contemplating the use of CDGB Funds for properties purchased with Homekey funds.

$645 million is available.
The application period closed in September 2020.
Jurisdictions that received a reservation of Homekey funds to purchase property can apply to the Community Development Block Grant (CDBG) Coronavirus Response program by February 1, 2021, for additional funding.
As of October, 2020 $627 million has been awarded to 45 applicants and 71 projects, totaling 4,646 affordable housing units.

Eligible applicants include: Applicants that cannot obtain commercial credit on terms that will allow them to charge rents that are affordable to low-income tenants. Qualified applicants include: Individuals, trusts, associations, partnerships, limited partnerships, nonprofit organizations; for-profit corporations and consumer cooperatives; Most state and local governmental entities; and federally-recognized Tribes
Program funds construction, improvement, and purchase of multi-family rental housing for low-income families, the elderly and disabled individuals.
Applications are accepted on an annual basis.

Eligible applicants include: U.S. Citizen, U.S. non-citizen national or Qualified Alien with a household income that
does not exceed 115% of median household income.
Program funds closing costs, reasonable and customary expenses associated with the purchase transaction, connection fees for utilities, tax and insurance escrow, essential household equipment, and site preparation.
Funding Available: 100% financing with 90% loan note guarantee to approved lenders.

Program assists applicants to obtain decent, safe, and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability.
The maximum loan amount an applicant may qualify for will depend on the applicant’s repayment ability.
Applications are accepted on a continuous basis.

$1.5 billion is available. Minimum award amount is $100,000 and maximum award amount is $30 million.
Applications are currently being accepted. There are no submission deadlines under this opportunity. Applications will be accepted on an ongoing basis until the publication of a new PWEAA NOFO.