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Tennesee Challenge Grant Program

$500,000
Closed
Rolling Deadline
Grant Description

The THDA Challenge Grant Program provides initial seed funding to support the private fundraising efforts of nonprofit organizations across Tennessee to implement housing and related activities that represent unique milestones, are part of a broad community initiative, or are part of a significant expansion of work outside the normal day-to-day activities of the organization. Selected proposals must generate cash leverage of at least 300% within nine months of THDA’s commitment of Challenge Grant resources to the housing initiative.

Funding Details

Award Range

$50,000 - $500,000

Total Program Funding

$500,000

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Nonprofits

Additional Requirements

Eligible entities include 501 c 3 nonprofit agencies with at least two years experience in providing affordable housing or affordable housing related services in Tennessee. Selected proposals must generate cash leverage of at least 300% within nine months of THDA’s commitment of Challenge Grant resources to the housing initiative. See program description on the Challenge Grant page of the THDA website for other eligibility criteria.

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Tennessee Housing Development Agency (THDA)

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Categories
Housing