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.
Financing is also available for housing that serves other special populations on a case-by-case basis.
Visit Fund a Development to learn more about requirements for the Supportive Housing Development Program and how to apply for project financing.
SHDP Eligibility Requirements
Nonprofit organizations must have had their 501(c)3 designation for at least three years to apply and must be able to provide two years of audited financial statements. Organizations which have not completed a successful real estate development project within the last seven years must work with a qualified consultant or partner with a more experienced nonprofit organization.
CDBG Entitlement Areas may receive interest-free loans of up to $600,000 or 60% of project cost, whichever is less. Non-Entitlement Areas may receive up to $700,000 or 70%.
Get started below by learning more about eligibility requirements for the Supportive Housing Development Program and how to apply for project financing.