This program is particularly beneficial for your business as it addresses the pressing need for affordable housing in various communities. By tapping into a share of the $100 million funding pool, you can utilize these resources for activities such as planning new housing projects, improving existing housing strategies, and enhancing community infrastructure. This means not only can your business thrive, but you'll also play a vital role in creating affordable housing options for those who need it most.

Moreover, funding from this initiative is in the form of grants, which means you won’t have to worry about repayment. This enables you to invest in sustainable solutions without the burden of debt, strengthening your financial position in the long run. By participating in this program, you're not just helping your business; you're also making a substantial impact in your community, contributing to improved housing access for low- and moderate-income families. This is an attractive opportunity to promote your business while being part of a meaningful change.

Financing Type
This program offers competitive grants to support communities in removing barriers to affordable housing. Unlike a loan, these funds do not need to be repaid.

Repayment and Interest
Since these are grants, there are no repayment terms or interest rates involved. Once awarded, the funds are yours to use as outlined in your proposal.

Eligible Expenses
You can use the grant for various expenses related to planning, infrastructure, development, and preservation actions aimed at increasing affordable housing production. This includes costs associated with policy development and strategies to improve local housing.

Restrictions on Funding
Funds cannot be used for personal expenses or projects that do not align with the goals of increasing affordable housing. Be sure to avoid using the grant for any administration costs that do not directly contribute to these objectives.

Fees
There are no fees associated with the grant application or funding. It’s straightforward: get the funding, and use it to tackle barriers in your community.

Communities across the United States are facing a significant shortage of affordable housing. This program seeks to help remove barriers that make it hard to build and maintain affordable homes. By addressing issues like restrictive zoning laws, outdated infrastructure, and financial gaps, it aims to support local efforts that encourage more home production and lower costs for residents.

Your business could benefit from a share of the $100 million funding pool available for this initiative. This money can be used for various activities, including planning and development for new housing, improving local housing strategies, and preserving existing affordable units. This grant can make a meaningful impact, as it aligns with local goals to enhance housing access, especially for low- and moderate-income families who struggle with rising costs.

In addition, funding from this program does not require direct repayment, which allows your business to invest in long-term solutions without the burden of debt. Participating in this initiative not only helps your business thrive but also contributes positively to the community by promoting access to housing for everyone. This is a chance to make a lasting difference while also growing your business.