The City of Salem is now accepting applications for the 2022-2023 funding cycle. Funding priorities determined by the 2020-2024 Consolidated Plan are:
- Priority #1: Homelessness
- Priority #2: Affordable Housing
- Priority #3: Revitalization of neighborhoods
- Priority #4: Economic Development
The Community Development Block Grant (CDBG) and HOME Investment Partnerships Programs are funded by the U.S. Department of Housing and Urban Development (HUD) and are authorized by Title I of the Housing and Community Development Act of 1974, as amended. Funds are for the 2022 Program Year, beginning July 1, 2022.
The purpose of the CDBG Program is to benefit low to moderate income households by funding projects that revitalize neighborhoods, increase affordable housing, expand economic opportunities, and/or improve community facilities and services.
The HOME Investment Partnerships program funds a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent or provide direct rental assistance to low-income people. The program's flexibility allows use of HOME funds for grants, direct loans, loan guarantees or other forms of credit enhancement. Additionally, these resources can be used for rental assistance or security deposits.
The HOME Investment Partnerships Program (HOME) ARP funds were appropriated under Section 3205 of the American Rescue Plan Act of 2021 (P.L. 117-2) ARP resources are availble to provide homelessness assistance and supportive services. HOME ARP funds can be used for four eligible activities: (1) Production or Preservation of Affordable Housing; (2) Tenant Based Rental Assistance (TBRA); (3) Supportive Services, Homeless Prevention Services and Housing Counseling and (4) Purchase and Development of Non-Congregate Shelter.
Amount of funding available by program is provided below:
Application Portal #1:
- CDGB $1,696,000
- HOME $2,400,000
- HOME ARP $ 552,000
Total Federal Funds Available $4,648,000