The HOME program seeks to expand the availability of affordable housing for low-income residents through partnerships between the public and private sectors.
Donor Name: Bucks County
State: Pennsylvania
County: Bucks County (PA)
Type of Grant: Grant
Deadline: 02/05/2025
Size of the Grant: Not Available
Grant Duration: Grant Duration Not Mentioned
Details:
The Bucks County Department of Housing and Community Development (HCD) is the provider of funding for affordable housing programs in Bucks County.
Eligible program activities include acquisition, demolition, rehabilitation, or new construction of affordable units to the target population. In addition, the program also seeks to provide tenant-based rental assistance to eligible households. For Low-Income Housing Tax Credit Projects, applications are accepted on a rolling basis based on the availability of funds.
Housing Goals
- Housing
- Priority housing for Bucks County includes rental assistance, rental and owner-occupied rehab, and the production of new affordable housing units for both rental and home ownership. The high cost of housing in many areas throughout Bucks County makes obtaining and sustaining safe, affordable housing a challenge for low-income residents. By far, the most common housing problem experienced by low-income renters and owners is “housing cost burden” or housing costs that exceed 30% of the household income. Additionally, many housing units affordable to low-income residents are aging and require rehabilitation to bring the units up to code and ensure the continued availability of housing that is safe and financially sustainable.
- Improve quality of existing housing
- The County’s goal is to provide an affordable housing stock that is decent, safe, sanitary, and free of leadbased paint hazards. This goal can be achieved by the acquisition and rehab of existing housing in Bucks County for the purposes of expanding the number of affordable housing units for rent or homeownership throughout the County.
- New construction
- Promote the expansion of rental housing through the construction of additional units serving very low and low- income persons. Expand the opportunities for families to become first time homebuyers through the construction of new housing in Bucks County.
- Housing for special needs populations
- Support the development of rental housing for Bucks County’s special needs populations through the new construction or acquisition and rehab of rental units throughout the County with emphasis on housing set asides for qualifying populations.
- Community Housing Development Organizations (CHDO)
- Continue to set aside up to 15 percent of the HOME grant to support the capacity of CHDO organizations in Bucks County. Increase the number of CHDO organizations certified in the County.
- Fair Housing
- Continue to promote public education on the requirements and obligation of the Fair Housing Act.
Eligibility Criteria
Applications for funding may be submitted by public agencies, nonprofit organizations, and for-profit housing organizations.
For more information, visit Bucks County.
