HOME Community Housing Development Organizations 2027
HOME Community Housing Development Organizations 2027 supports nonprofit, community-based developers with capital costs to create housing affordable to low-income households.
Funder: New Jersey Department of Community Affairs
Due Dates: June 30, 2027 (Application initiation and submission)
Funding Amounts: Award amounts vary; projects may take up to four years from award to complete
Summary: Supports nonprofit, community-based housing developers with capital costs to create housing affordable to low-income households.
Key Information: Applicants must be certified by DCA as Community Housing Development Organizations.
Description
The HOME Community Housing Development Organizations program is administered by the New Jersey Department of Community Affairs (DCA) through its Division of Housing and Community Resources. It supports nonprofit, community-based developers certified by DCA as Community Housing Development Organizations, with the goal of creating housing units affordable to low-income households as defined by the U.S. Department of Housing and Urban Development (USHUD).
The program focuses on housing development and the project-related capital costs needed to create these units. Support covers direct development expenses and associated project costs, including construction, acquisition, professional fees, financing fees, and contingency. Affordability for low-income households is the central priority, and funding decisions include a review of each applicant’s feasibility.
