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Veteran Housing Grants

Grants to USA and Puerto Rico Nonprofits
for Housing Projects that Benefit Veterans

GrantWatch ID#: 174826
Agency Type:

Foundation / Corporation

The Home Depot Foundation

10/28/16

Large grants to USA and Puerto Rico nonprofit organizations to develop new housing projects, or repair existing structures, for veterans. Funding will be provided for new construction projects or rehab and repair projects for either single-family or multifamily structures, permanent supportive housing, or transitional housing for veterans.

The funded housing repair and construction projects are intended to benefit honorably discharged veterans, at or below 80% AMI, as the target population.

Awards typically range from $100,000 to $500,000.

The amount of funding requested should not exceed $20,000 per veteran unit.

Multi-family rental projects must commence within the next twelve months.

Eligible Applicants:
- Grants are only awarded to 501(c)3 nonprofit organizations that have been in good standing with the Internal Revenue Service for at least five years.
- Organizations must have a current operating budget of at least $300,000 and audited financial statements from the past three years.
- Organizations should have previous experience developing, and either currently manage or own, veteran specific housing.
- For multifamily rental projects, the nonprofit/s must have a 15+ year ownership stake in the development.

Organizations or individuals with projects focused on single home construction or repair would not qualify for this program.

Geographic Focus:
The Foundation awards grants throughout the United States and Puerto Rico. Rural areas will be considered, however, higher priority will be placed on large metropolitan areas that have a dense veteran population.

Additional Criteria:
- Grants are awarded solely for the physical construction or repair of housing for veterans (hard costs).
- THDF does not provide funding for soft costs, such as furnishings, rental subsidies, tenant services, etc.
- THDF grant funding must comprise less than 50% of the total development cost of the project/program.
- 75% of the development/program’s funding sources should have been identified at the time of proposal submission.

For Multi-Family Rental Projects:
- Projects must commence within the next twelve months.
- At least 20% of the units are reserved for veterans.
- Proposals requesting above $100,000 must provide evidence of a third party binding agreement that ensures the units are: (a) reserved for veterans, and (b) occupied by veterans for a minimum of fifteen years for rental or three years for homeownership (i.e., project-based HUDVASH, other funder requirement, deed restriction, zoning requirement, etc.).

For Homeownership Programs:
- The homeowner must be a legal USA Resident, who is a veteran with low-income status – at or below 80% AMI.
- Some form of written proof must be provided to verify veteran status, and the veteran must have been honorably discharged.
- The homeowner must not have surviving spouses or children.

Complete the Eligibility Quiz here:
https://www.grantrequest.com/SID_248/?SA=SNA&FID=35127

Click here for the online FAQs:
https://corporate.homedepot.com/grants/veteran-housing-grants/faqs

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Email: HD_Foundation@HomeDepot.com*

*Please put "Veteran Housing Grants Program" in the subject line of your email.

Click here to apply online: https://www.grantrequest.com/SID_248/

See the full text of this grant

USA: Alabama   Alaska   Arizona   Arkansas   California   Colorado   Connecticut   Delaware   Florida   Georgia   Hawaii   Idaho   Illinois   Indiana   Iowa   Kansas   Kentucky   Louisiana   Maine   Maryland   Massachusetts   Michigan   Minnesota   Mississippi   Missouri   Montana   Nebraska   Nevada   New Hampshire   New Jersey   New Mexico   New York   New York City   North Carolina   North Dakota   Ohio   Oklahoma   Oregon   Pennsylvania   Rhode Island   South Carolina   South Dakota   Tennessee   Texas   Utah   Vermont   Virginia   Washington   Washington, DC   West Virginia   Wisconsin   Wyoming

USA Territories: Puerto Rico (USA)

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