Supportive Housing Development Program financing is only available to developments serving populations of homeless or non-homeless households with special needs, including:
- People experiencing homelessness or imminently at risk of homelessness.
- People with mental, physical or developmental disabilities.
- People with substance use disorders.
- Children in foster care, youth aging out of foster care or other licensed facilities.
- Survivors of domestic violence.
- Adults re-entering the community after being released from correctional facilities.
The housing must serve individuals and families who earn below 50% of area median income. Rent and utilities cannot exceed 30% of the targeted income. Developments that provide food and transportation cannot exceed 40% of the targeted income.
Up to $900,000 in interest-free loans is available for eligible organizations, depending on location.
How Do I Apply for Funding?
Prior to applying, nonprofits and local governments must schedule a pre-application meeting and site visit. To request a site visit, please submit the Program Description and Site Visit Request. For-profit organizations may only apply for SHDP if their project creates integrated supportive housing.
Following a site visit and review of the Application Guidelines, applicants then submit a formal application
When Does Each Funding Cycle Begin?
We offer financing through the Supportive Housing Development Program on a competitive basis once a year. A Notice of Funding Availability is emailed to interested parties when funding is available.
For more information on how to apply for Supportive Housing Development financing, please contact a Supportive Housing Development team member at SHDevelopment@nchfa.com.