Affordable housing developers, community development corporations, housing authorities, and nonprofits can access billions in federal funding from the U.S. Department of Housing and Urban Development (HUD) and other agencies. These grants support new construction, rehabilitation, homeownership programs, rental assistance, and supportive housing.
Affordable housing grants are highly competitive and often require matching funds, development experience, and complex compliance. Staying informed about funding opportunities is essential to creating housing for low-income families and individuals.
GrantPing helps affordable housing developers track federal funding opportunities.
The HOME program provides formula grants to states and localities for affordable housing development, rehabilitation, and tenant-based rental assistance. Local jurisdictions distribute funds to developers. Typical project awards range from $500,000 to $5 million.
CDBG funds can support housing rehabilitation, homeownership assistance, and affordable housing development. Entitlement communities and states allocate CDBG funding to housing projects.
While not a grant, LIHTC is the primary federal tool for affordable rental housing development. State housing finance agencies allocate tax credits to developers. A typical 9% LIHTC project can generate $10-20 million in equity.
The HTF provides funding for extremely low-income housing development. Formula grants to states support new construction and rehabilitation. Typical project awards range from $750,000 to $3 million.
These grants support nonprofit housing counseling agencies providing homeownership, rental, foreclosure prevention, and homeless counseling. Awards range from $50,000 to $500,000.
Agency: U.S. Department of Housing and Urban Development
Typical Award: $750,000 - $5,000,000 (via state/local agencies)
Summary: Formula grants to states and localities for affordable housing production and preservation. Funds new construction, rehabilitation, acquisition, tenant-based rental assistance, and homebuyer assistance. Developers apply to local Participating Jurisdictions.
Agency: U.S. Department of Housing and Urban Development
Typical Award: $250,000 - $2,000,000
Summary: Formula and competitive grants for housing assistance and supportive services for low-income people living with HIV/AIDS. Supports rental assistance, short-term housing payments, and permanent housing development.
Agency: U.S. Department of Housing and Urban Development
Typical Award: $1,000,000 - $5,000,000
Summary: Capital advances and project rental assistance for supportive housing serving extremely low-income adults with disabilities. Funds new construction, rehabilitation, and acquisition with long-term rental subsidies.
Affordable housing grant eligibility typically includes:
Many programs require demonstrated development capacity and financial strength.
Successful affordable housing grants typically support:
Get daily alerts for HUD affordable housing grants and tax credit announcements. Filter by development type, target population, and geographic area.
Get Started at GrantPing →GrantPing monitors HUD, state housing finance agencies, and other sources of affordable housing funding. You'll receive notifications about NOFAs, RFPs from Participating Jurisdictions, and tax credit application deadlines—giving you time to prepare competitive applications and secure financing for your developments.