Notice of Funding Opportunity:
VHDA Capacity Building Grant Tier 1
October 2017
Funding Purpose:
REACH Virginia FUNDING OPPORTUNITY: VHDA reinvests a portion of our net revenues into Virginia’s communities through REACH Virginia (Resources Enabling Affordable Community Housing in Virginia). This is a multifaceted resource that VHDA uses to support vital housing initiatives through our Homeownership, Rental and Community Outreach programs.
The intent of the Tier 1 Capacity Building Grant is to fund non-profit organizations and developers within the housing network to support the development of a Strategic Plan to aid in expanding efficiency and effectiveness of programs.
Eligibility Criteria:
- Organization’s headquarters must be physically located in Virginia.
- Organization cannot be an emerging organization. Organization must have:
- At minimum, three years of operations.
- Engaged leadership, staff, and volunteers.
- Ability to demonstrate fiscal soundness and measurable program outcomes.
- Organization must carry out at least one of the following housing-related mission:
- Creating economically integrated and inclusive housing opportunities including affordable housing, workforce housing, mixed-income housing, and/or community-based housing options for people with disabilities and/or
- Planning and Community Development to include significant attention to housing planning needs throughout Virginia, and/or
- Providing services and/or educational opportunities in order to further affordable housing.
- Organization's must align with VHDA’s mission of Helping Virginians Attain Quality, Affordable Housing and VHDA's Strategic Direction, click here to view VHDA's Strategic Plan
Program Parameters:
Approved agencies must comply with the VHDA Capacity Building Handbook. Click the document below for a detailed explanation of the scope, disbursement, and reporting requirements.
The period of performance for this funding opportunity is twelve (12) months following the award.
Application Process:
Agencies seeking funding should apply to VHDA’s Notice of Funding Opportunity (NOFO) using VHDA’s Grants Management System at https://vhdagrants.com/. For questions concerning this program or assistance with application submission, contact Matt Bolster, Strategic Housing Officer, at (804) 343-5631.
Application Requirements:
- Proposed Budget - Maximum request allowed is $20,000 (Awards are based on the availability of VHDA funding. Funds will be granted on a first-come, first-served basis)
- Agency authorized official certification
- Org Chart
- 501(c)3 determination letter or Charter
- Most recent strategic plan
- Resume of board members, Executive Director, and Senior Managers
- Consultant Documents
- State Corporation Commission ID Number
- Dun & Bradstreet report
- 2 letters of reference
- Estimate
Approval
Funds will be awarded based on an assessment of the agency’s application and the availability of VHDA funds.
Selected agencies will receive a Grant Award Notification (GAN) and a Grant Agreement if approved for funds under the award. Agencies must return the signature page of the Grant Agreement to VHDA with signature by an authorized representative.
All applicants have the option to submit a request at vhdagrants@vhda.com for a debriefing within thirty (30) days of approval or denial.
Important Dates:
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Application Announcement
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October 2, 2017
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Application Due Date & Time
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June 15, 2018; 11:59 PM |
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Award Announcements (subject to change)
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Within 60 days of application submission
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Recorded Webinar
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Play recording - Click on hyperlink to listen.
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