Program Name: Multifamily nonprofit transfer technical assistance grants
Organization: United States Department of Agriculture – Rural Development
Address: 2118 W. Part Court, Suite A, Champaign, IL 61821
Phone: 217-403-6200
Briefly Describe the Purpose of the Program
Provides assistance to preserve affordable rental housing by transferring existing RD Multifamily Housing Direct Loan properties from current owners to nonprofits or PHAs.
Year Program Established:
Eligibility Requirements or Restrictions
Open to: Public and private organizations, nonprofits, public housing authorities, Tribal housing nonprofits, and Tribally-designated housing organizations. Rural areas with populations up to 20,000.
Application Deadline: Closed
Application Guidelines:
Funding Cap Per Application or Fiscal Year Program Funding:
How Must Funds Be Used:
Funding can be used for consultation, non-construction services, financial analysis, appraisals, and market surveys