GrantExec

City of Lawrence Affordable Housing Trust Fund 2025

$1,200,000
Closed
KS
Grant Description

The City of Lawrence's Affordable Housing Trust Fund is accepting applications to provide and improve the quality, availability, and affordability of housing in Lawrence. This initiative aligns with the mission of the Affordable Housing Advisory Board (AHAB) to ensure everyone in Lawrence has access to safe, quality, affordable housing and supportive services for independent living with dignity. The fund is supported by a local sales tax, demonstrating a community-wide commitment to addressing housing needs. The primary target beneficiaries are low-to-moderate income households and residents within the City of Lawrence city limits. The impact goals include increasing the supply of affordable housing, preserving existing affordable housing stock, and enhancing accessibility. Additionally, the program aims to provide housing vouchers for low-income households, increase community awareness on affordable housing issues, and advance racial equity in housing. The program prioritizes several key areas, including affordable housing or land acquisition, new affordable housing development, and rehabilitation of existing affordable housing for preservation. It also focuses on accessibility modifications for households with specific needs to maintain affordable and accessible housing, as well as projects that specifically advance racial equity in housing. Investing in private/public partnerships for the provision of affordable housing is also a central focus. The City of Lawrence anticipates awarding up to $1.2 million in Affordable Housing Trust Funds. Expected outcomes include a measurable increase in the number of affordable housing units, improved quality of existing affordable housing, and greater accessibility for those with specific needs. The program also aims to reduce housing insecurity through vouchers and foster a more equitable housing landscape within Lawrence, with success measured by the number of projects funded and the households served.

Funding Details

Award Range

Not specified - Not specified

Total Program Funding

$1,200,000

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Nonprofits
City or township governments
County governments
Small businesses
For profit organizations other than small businesses

Additional Requirements

Corporations and LLCs β€’ 501(c)3 Nonprofits β€’ Neighborhood and civic groups β€’ City of Lawrence and Douglas County Departments All projects must be within the City of Lawrence and serve households at or below 80% Area Median Income (AMI) residing within city limits. All projects and programs must provide a fair and equitable application process open to all incomequalified households.

Geographic Eligibility

Lawrence

Key Dates

Application Opens

July 17, 2024

Application Closes

September 13, 2024

Contact Information

Grantor

Lea Roselyn

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Categories
Law Justice and Legal Services
Housing
Business and Commerce
Science and Technology
Infrastructure