Growing Housing Developers (GHD) Initiative
capitalimpact.org
Funded by a $30 million Wells Fargo Foundation grant and administered by Capital Impact Partners, LIIF, and Reinvestment Fund, this program provides catalytic grants, flexible financing, and technical training to community-rooted small real estate developers and housing firms.
Jargon-free version
Helps small real estate developers and housing firms get grants, flexible financing, and training. This support aims to boost community-focused housing projects.
Quick Facts
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What Benefits Are Offered?
Flexible financing, technical assistance, and training programs aimed at empowering community-rooted and emerging real estate developers, with a specific focus on increasing housing supply and fostering healthy communities nationwide. Includes specialized training programs for developers in specific cities like Atlanta, and loan funding for land deals.
Who Is Eligible?
Business Size: small
Industries: real estate development, housing development
Region: Atlanta, nationwide
Other Criteria: community-rooted developers, emerging developers, rising developers, verifiable history of working or doing projects in the city (for Atlanta program), focused on increasing housing supply
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📋What Are the Application Steps & Timeline?
- 📝Steps to Apply
- Identify eligibility criteria
- Prepare required documentation
- Submit application through the portal
- Await notification of funding decision
- 🌐Application Portal
- https://www.capitalimpact.org/
- 📤Submission Method
- online
- 🔄Intake Type
- rolling
📄What Documents Are Required?
- ✅Required Documents
- SF-424 (Application for Federal Assistance)
- SF-424A (Budget Information - Non-Construction)
- SF-424B (Assurances)
- Project Narrative
- Budget Narrative
- Indirect cost rate agreement
- IRB approval letter
- Environmental review
- 📐Format Requirements
- PDF only, max 10MB
- ✉️Supporting Letters
- Letters of support/reference are required.
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💰What Expenses Are Eligible?
🤝Is Matching Funding Required?
📊What Are the Reporting Requirements?
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FAQFrequently Asked Questions
This program is available to small businesses in real estate development, housing development industries located in Atlanta, nationwide.
This program offers funding up to $753,307,308 (minimum $3).
Check the official program website for current deadlines.
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