Rental Housing Development (RHD)
The funds must serve households at or below 60% of the County Median Income (CMI). Projects receiving HOME funds are subject to rent limitations for a specified period of time. Funds may be used for acquisition, rehabilitation and new construction activities. Application submission dates are June 1st and October 15th. There is also a first-come, first-served set-aside for small developments specifically in rural locations with 20 or fewer total housing units. These applications may be submitted at any time and will be considered as funding is available. Those applying as a CHDO must submit full certification documentation at the time of application. This program is part of the Division of Energy, Housing and Community Resources, Wisconsin Department of Administration. It is federally funded through HUD’s Home Investment Partnerships Program. Please see the RHD website: https://doa.wi.gov/Pages/LocalGovtsGrants/RHDHomePage.aspx
The Rental Housing Development (RHD) Program assists eligible housing organizations, including Community Housing Development Organizations (CHDOs), with funds to develop affordable rental housing. For-profit corporations may partner with the above-mentioned groups or apply directly for RHD funds.
- Acquisition, rehabilitation and new housing construction activities.