Community Impact Notice of Funding Availability: Affordable Housing in Shelby County
Housing Application
United Way of the Mid-South is committed to address the issue of affordable housing and stable home ownership as it relates to economic and social mobility of Shelby County residents. UWMS is proud to announce a new funding opportunity to address access and retention of affordable housing.
Statements of Interest will be accepted through February 23, 2024. Eligible organizations will be invited to submit a full application by March 22, 2024.
Please complete the Affordable Housing Statement of Interest at the link HERE.
Purpose
United Way of the Mid-South seeks to support availability of Affordable Housing in Shelby County Tennessee through the funding of strategies that address the barriers to accessing affordable housing and/or increase retention of Homeowner affordable housing.
Statement of Interest Submission
Accepted through February 23, 2024
Organizations indicating interests that are clearly aligned with the identified strategies to be considered will be invited to submit a full application.
Eligibility
Non-profit 501-(c)3 Organizations, including a non-profit 501 (c)3 Organization representing a collaborative effort
Anticipated number of awards
1 – 3 Organizations
Award Range
$50,000 – $300,000
Funding Period
July 1, 2024 – June 30, 2025
Continued Funding Based Upon Performance and Funding Availability
Timeline
Acceptance of Statements of Interest: February 1 – February 23, 2024
Application Training: February 28, 2:00 pm and February 29, 3:00 pm
Application Deadline: March 22, 11:59 pm
Notification of Funding: July 3, 2024
Examples of Strategies to be Considered
Access to affordable housing
- Enhancement of Online Resources for finding affordable rental housing and/or housing resources
- Home Loan Pools/Guarantees for Home Purchase
- Agency Owned Housing/Sublets
- Rehab of Receivership Properties
- Facilitating Access to Legal Services
Homeowner maintenance or retention of affordable housing
- Home Ownership/Maintenance/Repair Education
- Home Repairs Funding for Properties with Code Violations
- Project Facilitation Services for Major Home Repairs
- Long-term Home Loans for Major Repairs
Strategies that Will Not be Funded
- Direct Cash Assistance
- Emergency Services Assistance (rent/utilities/mortgage, etc.)
- Down Payment Assistance
- Landlord Repair Assistance
- Vacant/Blighted Property Cleanup
- Construction
- Purchase of Housing
- Weatherization
- Emergency or Transitional Housing/Shelter