HUD Pours More Funds in Housing Grant Program to Support Rural Nonprofits
WASHINGTON, D.C. — The Department of Housing and Urban Development added more funds to its Rural Capacity Building for Community Development and Affordable Housing Grants program.
The Rural Capacity Building program helps applicants with demonstrated expertise in affordable housing and community development in high-need rural communities. Through this program, HUD recognizes the vital role nonprofit organizations play in putting community-building programs into place such as the Community Development Block Grant Program (CDBG) and the HOME Investment Partnerships Program, especially in rural areas.
HUD anticipates awarding a total of $5 million to four winners, with each recipient receiving between $500,000 and $2,500,000. Eligible applicants must have IRS 501(c)(3) status and demonstrate experience working with rural housing in one or more states in five or more of HUD’s regions.
The deadline to apply is September 14, 2015.
To submit an application or review eligibility requirements, please click here.
Modified from a press release by the Department of Housing and Urban Development.
By Samantha Lozano