Lead-Safe and Healthy Homes Financing Demonstration
HUD is offering $10 million to fund a National Manager who will raise private capital and oversee a national program financing lead-safe and healthy homes improvements in low-income communities.
Funder: Department of Housing and Urban Development
Due Dates: July 19, 2026 (paper-application waiver request) | August 3, 2026 (full application submission)
Funding Amounts: One award of $10,000,000 (42-month project period; up to $1M for admin, $9M+ for program activities)
Summary: Supports a National Fund Manager to launch and manage a national financing platform that accelerates lead hazard reduction and healthy homes improvements in low-income communities.
Key Information: Only nonprofit organizations (including faith-based) are eligible; no cost sharing required; awardee must leverage private capital at a minimum 4:1 ratio.
Description
This funding opportunity will select a single National Fund Manager (NFM) to design, capitalize, and manage a national Lead-Safe and Healthy Homes Financing Demonstration Fund. The Fund’s purpose is to pool public and private capital to accelerate the reduction of residential lead exposure (especially childhood lead poisoning) and improve housing-related health conditions in low-income communities across the U.S. The NFM will use the $10 million federal award to attract and leverage at least $40 million in private investment, structure financing mechanisms, and provide technical assistance. The Fund will support local, regional, and state programs that provide loans, grants, and other financial products for lead hazard remediation and healthy homes interventions. HUD will maintain oversight but will not participate in individual investment decisions.
