Simpler Grants.gov #LHC-2600-DC-0032

HUD Seeks National Fund Manager for Lead-Safe and Healthy Homes Financing Fund

HUD is seeking a National Fund Manager (NFM) to lead the Lead-Safe and Healthy Homes Financing Fund Demonstration. - Government Buyer: - Department of Housing and Urban Development (HUD) - Scope of Work: - Design and manage a national financing fund to reduce residential lead exposure and improve housing health in low-income communities - Leverage $10 million in federal funds to attract additional private capital - Structure and implement financing mechanisms (loans, grants, other financial products) - Provide technical assistance to state, regional, and local governments and nonprofits - Oversee compliance with federal, state, and local requirements - Manage quality assurance and reporting processes - Eligible Applicants: - Nonprofits (with or without 501(c)(3) status) - For-profit organizations (including small businesses) - Community development financial institutions, nonprofit or mission-driven lenders, and financial intermediaries - Unique Requirements: - Experience serving under-resourced communities - Ability to pool public and private capital for housing health improvements - No specific OEMs or vendors are named, as this is a financial and technical management opportunity, not a product procurement

Description

This Notice of Funding Opportunity (NOFO) announces approximately $10 million to support a National Fund Manager (NFM) to design and manage a Lead-Safe and Healthy Homes Financing Fund Demonstration. The Fund aims to pool public and private capital to accelerate the reduction of residential lead exposure and improve housing-related health conditions in low-income communities. The NFM will leverage public funds to raise private capital, structure financing mechanisms, and provide technical assistance, distributing funds through loans, grants, and other financial products to support lead-safe and healthy homes activities. Eligible applicants include nonprofits, for-profit organizations, and small businesses, with a focus on serving low-income homeowners and small landlords.

View original listing