How much funding does Rental Rehabilitation Program provide?

Rental Rehabilitation Program provides $13,000 - $20,000 in funding.

When is the deadline for Rental Rehabilitation Program?

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

Rental Rehabilitation Program

Bowling Green Community Development Foundation

Foundation Rolling (Quarterly) Housing Grants for Nonprofits Affordable Housing Grants Community Development Grants

Funding Amount

$13,000 - $20,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Rental Rehabilitation Program

Overview: Provides zero interest, forgivable loans to landlords for property rehabilitation to house low/moderate-income tenants.

Geographic Scope: Bowling Green, OH (implied within city limits)

Eligibility:

Landlords owning rental properties

Property must be rented to low/moderate-income persons

Income limits effective June 1, 2025: 1 person $53,100, 2 people $60,700, 3 people $68,300, 4 people $75,850, 5 people $81,950, 6 people $88,000, 7 people $94,100, 8 people $100,150

Maximum Assistance Allowed by Bedrooms:

0 bedrooms (Efficiency): $13,000

1 bedroom: $16,000

2 bedrooms: $18,000

3 or more bedrooms: $20,000

Loan Terms:

Interest Rate: 0%

Loan Period: 7 years

Forgiveness: Loan is forgiven at the end of 7 years if owner has not defaulted

Mortgage: A mortgage is placed on the property during the 7-year period

Default Consequence: If property is sold or title transferred before 7 years, or if owner defaults on program requirements, full loan amount is due immediately

Key Requirements:

Landlord must put at least 50% of construction costs into the project

Rent must be below current Fair Market Rents (established by HUD)

All repairs must meet State of Ohio's Residential Rehabilitation Standards and Wood County Health, Safety and Sanitation Regulations

Current Fair Market Rents (as of October 1, 2023):

Efficiency: $691

1 Bedroom: $753

2 Bedroom: $986

3 Bedroom: $1,307

4 Bedroom: $1,378

Ineligible Properties:

Multi-Unit Rentals are not eligible

Funding Source: Community Development Block Grant (CDBG) Entitlement dollars

Contact Information:

Phone: 419-354-6203

Email: cd@bgohio.org

Address: Community Development, 305 N Main Street, Bowling Green, OH 43402

Important: Assistance is contingent upon the availability of funds.

What Bowling Green Community Development Foundation actually gave

Source: IRS Form 990-PF, 2024

Grants in 2024: 1
Total given: $27K
Median grant: $27K

By dollars: Ohio 100%. Top recipient cities: Bowling Green, OH.

Example grants

Montessori School of BG · Bowling Green, OH

Energy eff loan

$27K

IRS Form 990-PF, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

Deadline

Rolling / Open

Rolling (Quarterly)

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Rental Rehabilitation Program

Overview

Rental Rehabilitation Program

What Bowling Green Community Development Foundation actually gave

Example grants

Focus Areas & Funding Uses

Fields of Work

Categories

Related Grants

Downtown Facade Enhancement Program (Bowling Green)

CDBG Elderly Home Repair Grant (Bowling Green)

CDBG Home Repair Grant (Bowling Green)

CDBG Elderly Home Repair

Business Revolving Loan Fund (Economic Development Loans)

CDBG Home Repair

Ready to apply for Rental Rehabilitation Program?