1,000+ Opportunities
Find the right grant
Search federal, foundation, and corporate grants with AI — or browse by agency, topic, and state.
This listing may be outdated. Verify details at the official source before applying.
Find similar grantsAdjustable Rate Mortgages is sponsored by Department of Housing And Urban Development.
Get a weekly digest of new grants like this
A free weekly digest of new foundation and federal funding opportunities as they're added to Granted. Unsubscribe anytime.
Or search similar grants →Extracted from the official opportunity page/RFP to help you evaluate fit faster.
[](https://www. hud. gov/program_offices/housing/sfh/ins/203armt) 2.
FHA Adjustable Rate Mortgage An ARM is an Adjustable Rate Mortgage. Unlike fixed rate mortgages that have an interest rate that remains the same for the life of the loan, the interest rate on an ARM will change periodically.
The initial interest rate of an ARM is lower than that of a fixed rate mortgage, consequently, an ARM may be a good option to consider if you plan to own your home for only a few years; you expect an increase in future earnings; or, the prevailing interest rate for a fixed rate mortgage is too high. An ARM has four components: (1) an index, (2) a margin, (3) an interest rate cap structure, and (4) an initial interest rate period.
When the initial interest rate period has expired, the new interest rate is calculated by adding a margin to the index. Your lender will disclose the margin at time of loan application (margins may vary from lender to lender, so it's a good idea to shop around for a low margin). As the index figure moves up or down, your interest rate will be adjusted accordingly.
Acceptable index options on FHA insured ARM loan transactions are 1) the Constant Maturity Treasury (CMT) index (weekly average yield of U.S. Treasury securities, adjusted to a constant maturity of one year); or 2) the 1-year London Interbank Offered Rate (LIBOR). Increases or decreases in the interest rate will be limited by the interest rate cap structure of your loan.
The interest rate cap structure provides some protection from large interest rate swings. There are two types of caps: (1) annual, and (2) life-of-the-loan. The annual cap restricts the amount your interest rate can change, up or down, in any given year, while the life-of-the-loan cap limits the maximum (and minimum) interest rate you can pay for as long as you have the mortgage.
FHA offers a standard 1-year ARM and four "hybrid" ARM products. Hybrid ARMs offer an initial interest rate that is constant for the first 3-, 5-, 7-, or 10 years. After the initial period, the interest rate will adjust annually.
Below are the different interest rate cap structures for the various ARM products: * 1- and 3-year ARMs may increase by one percentage point annually after the initial fixed interest rate period, and five percentage points over the life of the Mortgage.
* 5-year ARMs may either allow for increases of one percentage point annually, and five percentage points over the life of the Mortgage; or increases of two percentage points annually, and six points over the life of the Mortgage. * 7- and 10-year ARMs may only increase by two percentage points annually after the initial fixed interest rate period, and six percentage points over the life of the Mortgage.
For more information on ARMs please contact the FHA Resource Center. Find an FHA mortgage lender online.
According to the current listing, eligibility includes: All legal residents intending to occupy the property as their principal residence are eligible to apply. Eligible applicant types include: Individual/Family. Confirm the full requirements in the official notice before applying.
Yes — Adjustable Rate Mortgages is offered by Department of Housing And Urban Development and this listing comes from SAM.gov, an official U.S. federal source. Federal applications generally require registrations (for example SAM.gov or an agency submission portal), so allow extra lead time.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program
Resident Opportunity and Supportive Services - Service Coordinators is sponsored by Department of Housing And Urban Development. To address the economic and housing self-sufficiency needs of public and Indian housing residents by providing grant-funded service coordinators who link residents to the supportive services they need in order to achieve economic and housing self-sufficiency; and for elderly/disabled residents to continue to age/reside in place and avoid costlier forms of care. This listing is currently active. Program number: 14.870. Last updated on 2024-11-18.
Youth Homeless System Improvement Grants is a program from the U.S. Department of Housing and Urban Development (HUD) that funds local and regional efforts to prevent and end youth homelessness through coordinated community systems. The program supports building more effective, data-driven homeless assistance systems for young people under 25, including coordinated entry, housing-focused services, and connections to stable housing. Eligible applicants include county governments, municipal governments, townships, and other local governmental entities with geographic authority. Recent federal obligations suggest approximately $228,810,867 in 2026. Applications are submitted through Grants.gov and managed through HUD's continuum of care framework.
Power Project Fund is a loan program from the Alaska Energy Authority that funds development, expansion, or upgrade of electric power facilities in Alaska, including distribution, transmission, efficiency improvements, bulk fuel storage, and waste energy systems. Loan terms can extend up to 50 years, with interest rates ranging from zero to the average weekly municipal bond yield for the preceding 12 months. Rates may be adjusted downward to support financial feasibility. Eligible borrowers include local utilities, local governments, and independent power producers in Alaska. Loan requests over $5 million require legislative authorization. Applications require a fee and completed application form. Award amounts are determined based on project need.
Illinois Shines Adjustable Block Program (SRECs) is sponsored by Illinois Power Agency. The Illinois Shines program provides incentives through the purchase of solar renewable energy credits (SRECs) based on the electricity a solar array is expected to produce over 15 years. This program offers upfront payments in exchange for these SRECs and can help reduce the cost of going solar for businesses.
Five weeks after a federal judge vacated the FY2026 Continuum of Care NOFO in its entirety, HUD published a Notice of Research Justifying Additional Incentives for Certain Activities To Reduce Homelessness. It is not a NOFO and not a proposed rule — it is the administrative record HUD needs to reissue the same policy and survive the next lawsuit. Here is what the four named activities tell you about the revised competition, why the October 13 comment deadline is now the real leverage point, and what CoC leads should be building right now.
Read articleMissouri's Department of Agriculture has reopened its Urban Agriculture Cost-Share Grant — reimbursing 75% of project costs up to $10,000, with applications due September 15, 2026. A companion Food Insecure Cost-Share Grant closes August 26. Here is how these small, fast state grants work, who qualifies under the Census 'urban area' definition, and how to layer them with the federal USDA Urban Agriculture and Innovative Production program for a durable urban-farming funding strategy.
Read articleThe Citi Foundation's 2026 Housing Supply RFP puts $20M behind 20 nonprofit housing developers at $1M each — targeting pre-development and preservation, the exact points where affordable projects die. It sits inside Citi's $60B Blueprint for Housing Opportunity. Here's what the grant design reveals and how nonprofit developers should position for the next cycle.
Read article