New Construction of Affordable Housing
|Contact Us |
|Development and Resource Management Administration|
2600 Fresno St
Fresno, CA 93721
The City makes a portion of its HOME funds available each year for the development and major rehabilitation of affordable housing for low-income households. Eligible organizations and entities are invited to respond to Notice of Funding Availability (NOFA) when released.
City funds are intended to leverage other housing funds to maximize City resources for housing projects. City funding is intended to fill the gap between development costs and financing available from private and other public sources. Applicants are expected to pursue financing from all available sources. Other sources of funds include public and private grants, loans, equity investments, and in-kind contributions.
City funds are provided for multi-family and single-family projects. Funds may be used for new construction, acquisition, and/or rehabilitation of already-owned projects.