CHDO Program Informational Workshop Presentation

CHDO Program Informational Workshop Recording

At least 15 percent of HOME funds must be set aside for affordable housing activities to be undertaken by a special type of nonprofit called a CHDO in the communities that they serve. All applications must be submitted electronically.

Eligibility

• Organized for the purpose of providing decent, affordable housing.
• No individual benefit to members, founders, or contributors.
• Clearly defined geographic service area.
• Nonprofit status.
• A board that is representative of the community it serves.
• Demonstrate at least one year of experience in serving the community where the housing will be developed.

The application period for CHDO funds is currently open on a rolling basis.

Important Links

• HCD Real Estate Application
• Information about other Real Estate Programs

The Neighborhood Economic Development Opportunities Program (NEDO) seeks to support activities that nurture and energize neighborhood improvement projects and sustainable economic development opportunities.  Since the NEDO Program uses Community Development Block Grant (CDBG) funds, all project activities must meet a national objective to be eligible.

The NEDO Program is currently accepting applications. Find program information and eligibility criteria below.

Important Links  

• Program Overview (.ppt)
• Program Guidelines (.PDF)
• Application Process Overview (.PDF)
• Virtual Program Overview Meeting Recording
• HCD Real Estate Application “This link is for all above listed programs” (Revised 01/08/2021)

Note to applicants: Please submit the completed application with all required attachments and the submission checklist to the City of Memphis via your preferred secured link (for example, DropBox) to [email protected].  For questions regarding the application please email [email protected]

MAHTF Round 2 Application Workshop Presentation

MAHTF Round 2 Application Workshop Recording

In Spring 2019, Mayor Jim Strickland announced the Memphis Affordable Housing Trust Fund (MAHTF), along with the Community Catalyst Fund, as the City of Memphis first monetary efforts and initiatives in direct support of the Implementation Phase of Memphis 3.0 Comprehensive Plan. The City of Memphis Division of Housing and Community Development (HCD) will administer the MAHTF through grants in the initial year and a combination of grants and loans in subsequent years.

The MAHTF is capitalized with $7.5 million for FY2022. The minimum award is $100,000 to support the rehabilitation and new construction of multifamily housing units. The application process is open to Community Development Corporations (CDCs), Community Housing Development Organizations (CHDOs), non-profit housing developers, and for-profit developers applying jointly with a nonprofit entity interested in providing affordable and adequate housing.

The application period for MAHTF funds is currently open on a rolling basis.

Click to access the Memphis Affordable Housing Trust Fund Round 2 Application 

– Note all applications must be submitted to [email protected]

Ml-Pilot Workshop Presentation

MI-Pilot Workshop Recording

The Memphis Middle-Income Housing “Pilot” Program is designed to support local non-profit and for profit developers in the construction or rehabilitation of attainable missing middle housing.

Program Overview:

• Construction or rehabilitation/conversion of 2-6 unit mutli-family and infill single-family housing
• Financial assistance is in the form of a 50% grant and 50% loan
• Housing produced through the MI-Pilot Program can be for sale or rent
• Units must be affordable for moderate/middle-income households – earning 80-120% AMI

The application for MI-Pilot funds is currently open and will close when all funds are exhausted.
MI-Pilot Program Guidelines
MI-Pilot Required Documents Checklist
Click to access the Middle Income Housing Pilot Program (MI-Pilot) Application