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: September 14, 2026 (Full application submission deadline, 11:59 PM ET)
Funding Amounts: $10,000,000 total; single award; up to $1,000,000 for admin, 42-month project period
Summary: Funds a National Fund Manager to create a national platform pooling public and private capital to accelerate lead hazard remediation and healthy homes improvements in low-income communities.
Key Information: Only one award will be made; strong fund management and private capital leverage required.
Description
This opportunity from the U.S. Department of Housing and Urban Development (HUD) supports the creation and management of a national Lead-Safe and Healthy Homes Financing Fund. The program will provide up to $10 million to a single National Fund Manager (NFM), who will be responsible for leveraging federal funds to attract private investment, designing and managing the fund, and distributing resources to state, regional, and local entities. The goal is to accelerate the reduction of residential lead exposure and improve housing-related health conditions for low-income families by expanding financing options for lead hazard remediation and healthy homes interventions.
The NFM will deploy funds through a mix of loans, grants, and other financial products to eligible local and regional partners, who will in turn finance repairs for low-income homeowners and small landlords. The program emphasizes innovative models that blend public and private capital, aiming for a minimum leverage ratio of 4:1 (private to HUD funds). HUD will maintain oversight but will not participate in individual investment decisions.
