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

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Now Available: Application for 2019 Affordable Housing Fund and CDBG Funding

DUE: Monday, May 13, 2019

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 $1.5 million in Affordable Housing and $400,000 in CDBG will be available to award to eligible projects in 2019. We anticipate awarding all the CDBG funding in the cycle; however, Affordable Housing Funds will be awarded incrementally throughout the year with approximately 1/3 awarded in each funding round (see schedule below).

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

  1. Affordable Housing Projects. Projects include the acquisition, construction, or rehabilitation of affordable units.
  2. Community Investment Projects. Projects include the physical improvements to non-residential buildings owned and operated by non-profit organizations, or the provision of eligible services to low and moderate income people by non-profit organizations, dealing with issues such as economic development, ADA modifications to common areas of residential buildings, playground equipment, child care, fair housing or housing counseling.

If you have questions about the applicable category for your project, please contact Molly McElroy at 303-774-4648.

Applicants must complete by Monday, May 13, 2019:

Applicants are encouraged to review the following documents prior to submitting an application:

Application and Funding Award Timeline

For 2019, applications for the Affordable Housing Fund will be accepted on a quarterly basis. Below is the schedule for the rest of 2019 for the submission of applications and the awarding of funds.

The timeline for awarding 2019 CDBG funding will follow the below 2nd Quarter Funding schedule.

2019 AHF Funding Timeline

 Quarter
 Applications Due to City
 TRG Meeting / Applicant Presentations
 2nd TRG Meeting (if needed)
 LHHSAB Meeting*
Council Meeting - estimated**
 2nd Quarter
 Monday, May 13, 2019
 5:30 p.m. Wednesday, May 22, 2019
 5:30 p.m. Wednesday, May 29, 2019
 7 p.m. Thursday, June 13, 2019
 7 p.m. Tuesday, July 23, 2019
 3rd Quarter
 Monday, August 5, 2019
 5:30 p.m. Wednesday, August 14, 2019
 5:30 p.m. Wednesday, August 21, 2019
 7 p.m. Thursday, September 12, 2019
 7 p.m. Tuesday, October 22, 2019
 4th Quarter
 Monday, November 4, 2019
 5:30 p.m. Wednesday, November 13, 2019
 5:30 p.m. Wednesday, November 20, 2019
 7 p.m. Thursday, December 12, 2019
 7 p.m. Tuesday, January 21, 2020

 * TRG Funding Recommendation

** LHHSAB Funding Recommendation

Technical assistance for preparing an application is provided on an as-needed basis. Please email Molly McElroy, Housing and Community Investment Specialist.

  • Para información en Español, puede llamar a Virginia al (303) 651-8444.
  • TDD/TTY Communication is available via the Colorado Relay system at (800) 659-3656.

 

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

Funding Sources

The City of Longmont Housing and Community Investment Division (Division) administers a variety of programs designed to foster housing choice and affordability for lower-income residents while advancing important neighborhood revitalization and community development goals.

The Division has three main sources of funding to support the goals and objectives stated in its Consolidated Plan.

  • 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.

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