Home Depot Foundation

Veteran Housing Grants Program

Posted on March 21, 2016

Home Depot Foundation Offers Grants to Support the Housing Needs of Military Veterans

The Home Depot Foundation’s Veteran Housing Grants Program awards grants to nonprofit organizations for the development and repair of veterans housing. To date, the foundation has awarded over $80 million in grants and has helped impact more than 17,000 units of housing for veterans.

Veteran Housing Grants are best suited to fund single-family home repairs when they are part of a permanent program managed by the nonprofit partner.

Eligible projects include new construction, rehab or repair, single family or multifamily, permanent supportive housing or transitional housing. Grants are awarded solely for the physical construction or repair of housing for veterans (hard costs).

Proposals for the third round of 2016 grants are due June 23, with final determinations to be announced in December.

Awards typically will range from $100,000 to $500,000.

To be eligible, applicants must be a 501(c)(3) nonprofit organization that has been in good standing with the Internal Revenue Service for at least the last five years; have a current operating budget of at least $300,000 and audited financial statements from the past three years; have previous experience developing veteran specific housing; and either currently manage or own such housing. For rental projects, nonprofit applicants must have a 15+ year ownership stake in the development.

Complete program guidelines, eligibility requirements, project criteria, grant terms and reporting requirements, and the online application are available at the Home Depot Foundation Web site.

DEADLINE: JUNE 23, 2016

http://homedepotfoundation.org/page/veteran-housing-grants


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