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2022 HOME CHDO Program

Opportunity Information

Title
2022 HOME CHDO Program
Description
The HOME Investment Partnerships Program (HOME) is intended to: 1. Provide funds to eligible recipients for acquisition, construction, and production of affordable housing to increase the supply of decent, safe, and sanitary housing for low-to-moderate income Nebraskans. 2. Promote and advance the goals of the 2020-2024 Nebraska Consolidated Plan for Housing and Community Development; and 3. Provide a mechanism to leverage private investment in the development of affordable housing.
Awarding Agency Name
Nebraska Department of Economic Development
Agency Contact Name
Mechele Grimes
Agency Contact Phone
402-309-4536
Agency Contact Email
mechele.grimes@nebraska.gov
Fund Activity Categories
Housing
Category Explanation
Eligible Activities Include: - Assisting homebuyers with purchasing newly constructed housing developed by the CHDO; and - Developing newly constructed affordable housing;
Opportunity Manager
Mechele Grimes
Announcement Type
Initial Announcement
Is Published
Yes

Funding Information

Funding Sources
Federal Or Federal Pass Through
Funding Source Description
HOME funds reserved for CHDO activities through the CHDO Program cycle is $1,560,000, with the three highest scoring eligible applicants being recommended for funding. Each eligible applicant can apply for a maximum activity grant amount of $500,000 and up to $20,000 in Organizational Operating, for a total of no more than $520,000 per project.
Funding Restrictions
Contracts will be 24 months from the date of contract execution.

Award Information

Award Ceiling
$520,000.00
Award Type
Competitive
Capital Grant
No
Matching Requirement
Yes
Cash Match Requirement
Other Funding Requirement

Submission Information

Submission Timeline Type
One Time
Submission Open Date
Submission Close Date
Submission Timeline Additional Information
All applications are due by 6 PM (Central Time) February 15, 2023.
Allow Multiple Applications
Yes
Other Submission Requirements
Failure of the Application to meet all of the threshold requirements (threshold questions) will result in the Application not being scored or funded during the 2022 HOME CHDO Cycle.

Question Submission Information

Question Submission Email Address
Question Submission Additional Information
For program guidelines, please refer to: https://opportunity.nebraska.gov/programs/housing/home/

Eligibility Information

Eligibility Type
Public
Additional Eligibility Information
Eligible applicants include community-based non-profit 501(c)(3), 501(c)(4), or section 905 (subordinate organization of a 501(c) organization) organizations with the provision of decent housing that is affordable to low- and moderate-income persons among the purposes of the organization. In addition, these organizations must meet and satisfactorily demonstrate the prescribed requirements in these guidelines. The Nebraska Department of Economic Development (DED or “the Department”) determines nonprofit organizations as an eligible CHDO as defined in the HOME Investment Partnerships Program 2013 Final Rule Subpart A, §92.2.

Additional Information

Additional Information URL
Additional Information URL Description
Resources: General and Program specific user guides and videos can be found at https://opportunity.nebraska.gov/amplifund/. Statewide Relay System: Individuals, who are hearing and/or speech impaired and have a TTY, may contact the Department through the Statewide Relay System by calling (800) 833-7352 (TTY) or (800) 833-0920 (voice). The relay operator should be asked to call DED at (800) 426-6505 or (402) 471-3111.