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Competitive Housing Assistance for Multifamily Properties (CHAMP) is sponsored by Connecticut Department of Housing (DOH). The CHAMP initiative provides gap funding (grants, loans, or a combination) to owners of existing developments and developers of proposed new developments to increase the supply of safe, decent, and affordable multifamily rental housing in Connecticut.
It seeks to leverage non-State funds for affordable housing creation and preservation.
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High Contrast Mode On or Off switch Competitive Housing Assistance for Multifamily Properties (CHAMP) Through the Competitive Housing Assistance for Multifamily Properties (CHAMP) initiative DOH provides gap funding to owners of existing developments and developers of proposed new developments to increase the supply of safe, decent and affordable housing in Connecticut.
Through this initiative, DOH seeks to leverage non-State funds to catalyze the creation and/or preservation of affordable multifamily housing to promote healthy lives, strong communities and a robust economy. DOH funds may be provided in the form of grants, loans or a combination thereof.
In addition, funds awarded under this initiative may be combined with financial assistance from the Connecticut Housing Finance Authority, including 4% low-income housing tax credits and taxable and/or tax exempt bond financing.
NOFA Questions and Answers Notice of Funding Availability for CHAMP 7 Notice of Funding Availability for CHAMP 6 Affordable Housing Appeals List Asset Management Guidelines Notice of Funding Availability for CHAMP 5 Rating and Ranking for CHAMP 5 US Census Bureau - American FactFinder Federal Financial Institutions Examination Council
According to the current listing, eligibility includes: Owners of existing multifamily properties and developers of proposed new multifamily properties in Connecticut. Funds may be combined with financial assistance from the Connecticut Housing Finance Authority. Confirm the full requirements in the official notice before applying.
Competitive Housing Assistance for Multifamily Properties (CHAMP) is funded by Connecticut Department of Housing (DOH). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Connecticut. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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