City Grant and Funding Opportunities
DHCD strengthens City neighborhoods by attracting investors, developers and home buyers. Through the administration of CDBG, HOME, City bond funds, and other creative financing mechanisms, the Department finances and guides strategic development projects to meet housing and neighborhood needs.
DHCD offers financial and programmatic support for projects, especially for community-based developers and developers interested in increasing the supply of affordable housing in Baltimore City.
Community Development Block Grants
CDBG is a HUD program designed to give local jurisdictions power to distribute federal funds directly to non-profit and public agencies that support housing and public-service programs. CDBG’s primary objective is to develop viable communities by providing low- to moderate-income families with decent, affordable housing and to expand local economic opportunities.
DHCD is the authorized representative for the City of Baltimore regarding the oversight and management of the CDBG Program.
DHCD envisions a city of thriving neighborhoods with housing opportunities for people of all income levels in a wide variety of communities. To support this vision, the Office of Project Finance provides funding for the production of rental and for-sale housing opportunities in order to create decent, safe and affordable housing for the citizens of Baltimore City.
DHCD coordinates several programs that provide funding to developers committed to providing affordable housing in Baltimore City, including the HOME Investment Partnership Program, and CDBG.
Community Catalyst Grants
DHCD’s Community Catalyst Grants (CCG) program complements the Neighborhood Impact Investment Fund and supports locally-driven community development work through neighborhood-based partner organizations.
Up to $3 million in capital funds and up to $2 million in operating funds will be available for community-driven revitalization efforts. CCG is a competitive awards program.
The Investing in Neighborhoods and Schools to Promote Improvement, Revitalization, and Excellence (INSPIRE) program was created to leverage the 21st Century Schools Initiative and to enhance the connection between the schools and the surrounding neighborhoods. The Department of Planning created this program to put a focus on the neighborhoods surrounding each of the schools, specifically the quarter-mile around the schools. The Department of Housing & Community Development is making funds available to provide incentives to help stabilize neighborhoods and promote new investment around the newly modernized schools.
Each INSPIRE incentive will provide a total of $500,000 on a rolling bases, to assist with the development of vacant properties in the INSPIRE areas of Arlington Elementary School and Pimlico Elementary Middle School of which the developer has site control. Click here to learn more about the INSPIRE Grant funding and/or to submit an application.