Tennesee Challenge Grant Program
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.
Award Range
$50,000 - $500,000
Total Program Funding
$500,000
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
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.
Application Opens
Not specified
Application Closes
Not specified
Grantor
Tennessee Housing Development Agency (THDA)
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