The City of Charlottesville is pleased to open the application for Funding Interest for Housing Operations & Program Support (HOPS).
Donor Name: City of Charlottesville
State: Virginia
City: Charlottesville
Type of Grant: Grant
Deadline: 12/30/2022
Size of the Grant: $575,000
Details:
The program will provide operating type funding for eligible not-for-profit affordable housing related organizations.
Funding Information
A total of $575,000 in program funding will be recommended for approval to be awarded to eligible applicants effective July 1, 2023.
Eligibility Criteria
The City will accept applications for funding interest through applications that meet the following:
- Applicant must have a 501(c) (3) or similar nonprofit organization designation and/or be a government entity, experienced housing developer or public housing agency
- Applicant must be registered with the State Corporation Commission and the Virginia
- Department of Agriculture, Division of Consumer Affairs, Charitable Solicitation Section.
- Applicant must not be in violation of any federal, state or local laws/regulations.
- Organizations with a budget of over $500,000 must have a financial audit every year.
- Organizations with a budget of $500,000 or LESS must have a financial audit every three years.
- Organizations must have been operational for at least two years as of July 1, 2022.
- The applicant must engage in activities that support housing units affordable to households with household incomes up to 60% Area Median Income as published by the US Department of Housing and Urban Development (HUD) for the Charlottesville, Virginia region, adjusted for household size.
- The applicant must engage in activities that occur within the jurisdictional boundaries of the City of Charlottesville.
- Individuals and for-profit businesses are not eligible for this funding.
- Only organizations actively involved in affordable housing related activities are eligible to apply.
- Only programs provided within the jurisdictional boundaries of the City of Charlottesville are eligible.
For more information, visit City of Charlottesville.
