HomeMy WebLinkAbout082624 - Funding opportunity_ Connecting Housing to Infrastructure grantsALERT: BE CAUTIOUS This email originated outside the organization. Do not open attachments or click on links if you are not expecting them.
Apply now for infrastructure grants to support development of affordable housing
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aug. 26, 2024
Funding availability
Connecting Housing to Infrastructure (CHIP) grant application open now through Oct. 31
CHIP <https://links-2.govdelivery.com/CL0/http:%2F%2Fwww.commerce.wa.gov%2Fchip/1/0101019190e1b5b3-6e4aca45-a9ed-45db-98ac-af08f38b7698-000000/J4BEKE7qV_76RQM06TElDmqs-djt2tTXHUHOdWYVloE=367>
grant applications opened today. With approximately $12 million available, CHIP can support the development of affordable housing by paying for water utility improvements or system
development charges associated with new affordable housing units.
Grant details
Applicants may apply for up to $1 million for each project, and must submit applications by Oct. 31, 2024. A recording of the CHIP application workshop <https://links-2.govdelivery.com/CL0/https:%2F%
2Fvimeo.com%2F1000948186%2Fa66a61a739%3Fshare=copy/1/0101019190e1b5b3-6e4aca45-a9ed-45db-98ac-af08f38b7698-000000/iFGcZagmrT8FZKnE23pixS3185LWA8SR0z1kJVkgzpw=367> is also available
for more information.
Who is eligible?
CHIP grant funding is open to any city, county, or public utility district in partnership with an affordable housing project that is located in a city or county that has imposed a sales
and use tax for affordable housing.
The new housing development must include at least 25% affordable units, and remain affordable for at least 25 years.
What can grants be used for?
CHIP funding supports utility improvements for affordable housing projects and can pay for:
* Onsite water, sewer and stormwater improvements for the affordable housing development
* Offsite water, sewer and stormwater improvements in the right-of-way, connecting to the development
* Waived system development charges for the project
To date, CHIP has invested $88 million to support the development of more than 8,000 affordable housing units.
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