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Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
Moderate income families may be eligible to participate provided they are unable to pay for a home built by the contract method. TA funds may not be used to hire construction workers or to buy real estate or building materials. Private or public nonprofit corporations, however, may be eligible for 2-year site loans under Section 523.
Community Housing Development Organizations (CHDOs) – In this type of activity, governments provide funds to non-profit organizations that provide housing to impoverished or low-income families, including building housing projects similar to public housing projects, housing for the homeless, and developing affordable housing communities ...
The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs.
Project Grants (B) – Includes funding of specific projects for fixed or known periods. Project grants can include fellowships, scholarships, research grants, training grants, traineeships, experimental and demonstration grants, evaluation grants, planning grants, technical assistance grants, survey grants, and construction grants. [8]
The Jaguars has teamed up with nonprofit Construction Ready to offer certification classes in preparation for the Sports Performance Center construction.
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