Applications are now being accepting for CDBG, and HOME Investment Partnership Funding.
Donor Name: City of Salem
State: Oregon
City: Salem
Type of Grant: Grant
Deadline: 10/25/2024
Size of the Grant: $500,000 to $1 million
Grant Duration: Grant Duration Not Mentioned
Details:
- CDBG
- The purpose of the CDBG Program is to benefit low to moderate income households by funding projects that revitalize neighborhoods, increase affordable housing, expand economic opportunities, and/or improve community facilities and services.
- HOME
- The HOME Investment Partnerships Program funds a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent, or provide direct rental assistance to low-income people. The program’s flexibility allows use of HOME funds for grants, direct loans, loan guarantees or other forms of credit enhancement. Additionally, these resources can be used for rental assistance or security deposits.
Funding Priorities
Funding Priorities are:
- Homelessness
- Affordable Housing
- Revitalization of Neighborhoods/Community Development
- Economic Development.
Funding Information
The amount of funding available by program:
- CDBG – public service: $200,000
- CDBG: $910,000
- HOME: $604,000
- Total Federal Funds Available: $1,714,000
For more information, visit City of Salem.
