The Burlington Housing Trust Fund (BHTF) provides grants and loans for the promotion, retention, and creation of long-term affordable housing for very low, low and moderate-income households.
Donor Name: Community & Economic Development Office (CEDO)
State: Vermont
City: Burlington
Type of Grant: Grant
Deadline: 10/21/2024
Size of the Grant: More than $1 million
Grant Duration: Grant Duration Not Mentioned
Details:
The proposals shall be for projects and organizations serving the housing needs of low-income Burlington residents. All projects must serve households having an income not exceeding 100% of median income, as defined by the U.S. Department of Housing and Urban Development, and preference will be given to proposals serving households having an income not exceeding 50% of median income. Priority for funding will be given to perpetually affordable housing projects, particularly projects which create new permanently affordable units. Organizations that provide services, as distinct from housing development, are limited to capacity grants of no more than $10,000.00 per program.
Funding Information
Total awards for this grant cycle will not exceed $1,750,000.
Eligibility Criteria
Nonprofit corporations, municipal corporations, limited equity housing cooperatives, for-profit corporations, partnerships, and individuals are eligible to apply for project funding. Capacity grants are also made for the staffing, training, planning, fundraising, and ongoing operations of nonprofit organizations creating or preserving housing for very low, low, and moderate-income households.
For more information, visit CEDO.
