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Grant Funding Information for Longmont's CDBG, HOME, and Affordable Housing funds

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Now Available: Application for 3rd Quarter 2020 Affordable Housing Fund and CHDO Home Funds 

DUE: Friday, May 22, 2020

The City of Longmont is now accepting project applications for Affordable Housing Fund and CDBG funding from interested agencies, organizations, builders, and developers.

The City estimates that $500,000 in Affordable Housing will be available to award to eligible projects in this funding round. It is anticipated that Affordable Housing Funds will be awarded twice in 2020 (see schedule below).

In addition, an estimated $120,000 is available in HOME CHDO funds. CHDO funds are only available to organizations that meet federal requirements under 24 CFR Part 92 Section 92.2. Organizations that are interested in becoming an CHDO must first meet with the City to ensure compliance with all requirements.  CHDO funds are available through the Boulder Broomfield HOME Consortium and are not limited to Longmont projects. Projects that are in Boulder County but outside the Longmont city limits must apply to the City of Boulder, the lead agency of the Consortium.

The City is accepting applications for the following type of projects:

  • Affordable Housing Projects: Projects include the acquisition, construction, or rehabilitation of affordable units.

For more information on the available funding and an application, click here.

Application and Funding Award Timeline

For 2020, there will be two opportunities to apply for Affordable Housing Fund. Below is the estimated schedule for 2020 for the submission of applications and the awarding of funds. The City will not be accepting applications for CDBG or HOME funds in 2020

2020 AHF Funding Timeline

2020 Funding Schedule
Application Release Date (estimated)
Applications Due to City
LHHSAB & TRG Meeting/
Application Presentations
2nd TRG Meeting
LHHSAB
Meeting*

Council
Meeting  - estimated**
 1st Quarter
 -  -  -  -  -  -
 2nd Quarter

 -

 -

 -

 -
 -
 -
 3rd Quarter
Friday
4/24/2020
Friday
5/22/2020
5:00 pm

Thursday
6/11/2020
7:00 pm

Wednesday
6/17/2020
5:30 pm

Thursday
7/9/2020
7:00 pm

Tuesday
8/11/2020 or

8/25/2020
7:00 pm

 4th Quarter
Monday
6/29/2020

Monday
7/27/2020
5:00 pm

Thursday
8/13/2020
7:00 pm
Wednesday
8/19/2020
5:30 pm
Thursday
9/10/2020
7:00 pm

Tuesday
10/13/2020 or
10/27/2020

7:00 pm

 * TRG Funding Recommendations
** LHHSAB Funding Recommendation

Applications and more information will be available online when the applications for each cycle are released.

Please contact Molly McElroy at molly.mcelroy@longmontcolorado.gov to be added to the notification list when funding applications are released.

Para información en español, puede llamar al (303) 651-8444.

TDD/TTY Communication is available via the Colorado Relay system at (800) 659-3656.

Funding Sources

The Division has three main sources of funding to support the goals and objectives stated in its Consolidated Plan to foster the housing choice and affordability for lower-income residents, neighborhood revitalization, and community development.
  • Community Development Block Grant Program (CDBG) funding is used primarily to develop viable communities by providing affordable, decent, safe, and sanitary housing; a suitable living environment; and expanded economic opportunities, principally to persons of low and moderate income.
  • The HOME Partnerships Investment (HOME) Program's objective is to strengthen public-private partnerships to expand the supply of decent, safe, sanitary, and affordable housing for low-income households.
  • The Affordable Housing Fund (AHF) is a locally funded source dedicated to supporting affordable housing projects in Longmont. Funds must be repaid and all repayments deposited back to the Fund to be re-loaned.

Click here to download the Public Comment and Hearing Opportunity for the 2020 Draft Action Plan

Click here to download the 2020 Draft Action Plan for the City's Community Development Block Grant (CDBG)

Eligible Activities

CDBG-funded projects must meet one of the National Objectives:

  1. Principally serve low– and moderate–income persons
  2. Eliminate slums and blight
  3. Address recent and urgent health and safety need.

The Affordable Housing Fund is used for affordable housing activities that support and serve low/moderate-income people and families, including the following:

  • New Construction of affordable rental and/or for sale housing, which can include related infrastructure and soft costs
  • Rehabilitation of rental housing and/or for-sale housing that already is or will become affordable
  • Acquisition of land
  • Conversion of market rate housing to affordable housing

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