As part of the ongoing commitment to community development and the development and preservation of affordable housing in underserved communities, Enterprise is pleased to announce an open call for Section 4 Capacity Building grant funding.
Donor Name: Enterprise Community Partners
State: All States
County: All Counties
Territory: Puerto Rico and U.S Virginia Islands
Type of Grant: Grant | Reimbursement
Deadline: 12/06/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: 2 Years
Details:
The purpose of the Section 4 program is to develop the capacity and technical capabilities of Community Development Corporations (CDCs) and Community Housing Development Organizations (CHDOs) to carry out community development and affordable housing activities that benefit individuals and families with low-incomes (80% AMI or <).
Funding is made available through the U.S. Department of Housing and Urban Development’s (HUD) Section 4 grant program. The purpose of this grant funding is to support CDCs and CHDOs with resources to promote organizational stability and increased capacity to carry out community development and affordable housing programs and business operations.
Enterprise will support CDCs and CHDOs in building their organization’s capacity to address community needs across six (6) program areas that work towards advancing racial equity, increasing housing supply and fostering resilience and upward mobility – Climate and Community Resilience, Homelessness, New Housing Production, Partner Sustainability, Preservation of Existing Housing, and Upward Mobility.
Funding Information
- Total Amount to be Awarded $12,000,000.00.
- Average Award Amount Enterprise anticipates average grant awards of $50,000.00.
- Grant Payment Type Cost Reimbursement.
- Period of Performance Grants will have a general duration of 18 months.
Eligibility Criteria
- Eligible applicants and beneficiaries include 501c3 non-profit CDCs and CHDOs as defined by the HUD Section 4 program, working in urban areas across the United States, Puerto Rico, and the U.S. Virgin Islands.
- Native CDCs, Tribally Designated Housing Entities (TDHEs), Federally Recognized Tribes, Native Community Development Financial Institutes (CDFIs), and Tribal Housing Authorities (THAs) that meet the eligibility and threshold criteria for this RFP, and propose to work in an urban area, may also apply.
For more information, visit Enterprise Community Partners.
