How much funding does Expand Homeowner Opportunities NOFO Grant provide?

Expand Homeowner Opportunities NOFO Grant provides Up to US $15,338,050 in funding.

When is the deadline for Expand Homeowner Opportunities NOFO Grant?

This grant has a rolling deadline or the deadline has not been announced.

Expand Homeowner Opportunities NOFO Grant

Washington state department of commerce

Foundation Affordable Housing Grants Housing Grants for Nonprofits Grants for Nonprofits

Funding Amount

Up to US $15,338,050

Deadline

Rolling / Open

Grant Type

Foundation

Overview

Note: COMMERCE will accept questions about this NOFO till the deadline indicated for Letter of Inquiry above
Washington State Department of Commerce
We administer a diverse portfolio of more than 100 programs and several state boards and commissions, all focused on helping communities achieve positive growth.
Community Reinvestment Plan Homeownership Capital Accelerator
Commerce’s Community Reinvestment Program (CRP) is now accepting applications from organizations, lenders and tribes to assist people disproportionally experiencing wealth disparities with buying homes and building generational wealth.
Funding will support expanding affordable homeownership opportunities. This can include:

Land acquisition loan program
Capacity building for emerging community-based housing organizations
Culturally responsive financial coaching
Flexible mortgage products that help buyers become mortgage-ready faster
Foreclosure remediation for people who own and live in their home
Upgrades to homes that people own and live in that address health and safety needs
Loan programs to create accessory dwelling units (ADU) or detached accessory dwelling units (DADU)