Money that helps the property carry itself.
Federal pass-through and local programs that can help fund affordable and Section 8 rental housing. These move slowly — but they're real.
GrantSuite.com helps with researching, writing, and submitting grant applications for housing and community projects.
Federal block grant that flows to states and local governments. Cities use HOME funds to support affordable rental housing — including acquisition, rehab, and new construction for units rented to lower-income tenants.
Flexible federal funding cities use for housing rehab, neighborhood revitalization, and projects that benefit low-to-moderate income residents. Often pairs with HOME on the same project.
The largest source of affordable housing financing in the U.S. Investors get federal tax credits in exchange for building or rehabbing rent-restricted units. Better suited to larger projects and partnerships.
Dedicated federal funding to build, preserve, and rehabilitate housing for extremely low-income households. States set their own application priorities.
Not a grant, but a financing tool that wraps purchase + rehab into one FHA-insured loan. Useful when a Section 8-friendly property needs work to pass inspection.
Loans and guarantees for affordable rental housing in eligible rural areas. Worth checking if your target market is a smaller town or rural county.
Competitive grants awarded through member banks to support affordable rental and ownership housing. Each regional FHLBank runs its own annual round.
Many states and cities run their own housing trust funds with grants, forgivable loans, or gap financing for affordable rental projects. Search your state name + 'housing trust fund'.