Building Housing Capacity in Connecticut's Cities

GrantID: 15776

Grant Funding Amount Low: $500,000

Deadline: Ongoing

Grant Amount High: $1,000,000

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Summary

Eligible applicants in Connecticut with a demonstrated commitment to Preservation are encouraged to consider this funding opportunity. To identify additional grants aligned with your needs, visit The Grant Portal and utilize the Search Grant tool for tailored results.

Grant Overview

Capacity Gaps for Affordable Housing in Connecticut

Connecticut is experiencing an acute shortage of affordable housing, especially in urban areas such as Hartford and New Haven. This gap in housing capacity has been exacerbated by a rising cost of living and stagnant wages. Families facing housing instability are at risk of homelessness and often lack access to suitable housing options. Often, the barriers to accessing housing solutions are multifaceted and include red tape in zoning laws and limited funding for affordable housing projects.

Infrastructure and Workforce Constraints

The state's infrastructure has also not kept pace with housing demand. A constrained workforce in construction and real estate contributes to the difficulties in developing new affordable housing units. Additionally, regulatory complexities often hinder timely project completion, leading to prolonged wait times for available housing. Collaborating with private sector innovators, local governments aim to facilitate the development of affordable housing solutions tailored to meet the needs of Connecticut residents effectively.

Readiness Requirements for Innovative Partnerships

To address these challenges, supportive partnerships between government, non-profits, and the private sector will be vital. Organizations seeking funding must demonstrate their capacity to engage in innovative housing models, including mixed-income developments and adaptive reuse of existing structures. Ensuring that applicants can provide a strong feasibility assessment and project timeline will be critical for funding approval.

Furthermore, community engagement is essential to ensure that housing projects align with the needs of those most affected by the housing crisis. Performance will be measured through the number of units created and the number of families successfully transitioned into stable housing. This structured approach is necessary for combating Connecticut's housing crisis effectively.

Eligible Regions

Interests

Eligible Requirements

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Grant Portal - Building Housing Capacity in Connecticut's Cities 15776