The City of Syracuse Department of Neighborhood and Business Development (NBD) is accepting proposals for HOME Partnership Program Funds.
Donor Name: City of Syracuse Department of Neighborhood and Business Development (NBD)
State: New York
City: Syracuse
Type of Grant: Grant
Deadline: 10/27/2023
Grant Duration: 1 year
Details:
The HOME Investment Partnership Program was created under Title II of the National Affordable Housing Act of 1990. The general purposes of HOME are expanding the supply of decent and affordable housing, strengthening the abilities of State and local governments to design and implement strategies for achieving adequate supplies of decent affordable housing, providing financial and technical assistance to participating jurisdictions, and extending and strengthening partnerships among all levels of government and the private sector, including for profit and nonprofit organizations, in the production and operation of affordable housing. The City of Syracuse has been a participant in the HOME Investment Partnership Program since its inception. Through this program, activities have been undertaken to enhance ongoing neighborhood revitalization efforts.
As part of the HOME program, a minimum of 15% must be allocated for housing development activities in which qualified Community Housing Development Organizations (CHDOs) are the owners, developers and/or sponsors of the housing. A CHDO is a specific type of private non-profit entity that meets certain requirements pertaining to their legal status, organization structure, and capacity and experience. The City of Syracuse is required to certify/recertify CHDOs on an annual basis.
Grant Period
The program year runs from May 1, 2024 – April 30, 2025.
Eligibility Criteria
- Funds are available to non-profit agencies that are tax exempt under the 501(c) (3) provision of the Internal Revenue Code.
- Applicants must certify or recertify as a Community Housing Development Organization through this application process.
- Applicants must demonstrate the financial management and programmatic expertise to successfully develop, design, implement and monitor the proposed activities. This expertise is demonstrated through previous experience in successfully developing projects similar to the one proposed, either by partners or key staff within the business or organization.
- Applicants must be able to meet other Federal requirements relative to the HOME program, specifically those concerning equal opportunity and fair housing, affirmative marketing, environmental review, displacement, relocation, and acquisition, labor, lead-based paint, conflict of interest, debarment and suspension, and flood insurance.
For more information, visit NBD.
