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Find similar grantsSection 108 Loan Guarantee Program (Section 108) is sponsored by U.S. Department of Housing and Urban Development (HUD). Provides Community Development Block Grant (CDBG) recipients with the ability to leverage their annual grant allocation to access low-cost, flexible financing for economic development, housing, public facility, and infrastructure projects.
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Section 108 Loan Guarantee Program (Section 108) | HUD. gov / U.S. Department of Housing and Urban Development (HUD) Section 108 Loan Guarantee Program (Section 108) Section 108 Loan Guarantee Program (Section 108) HUD is offering new flexibilities for up to $250 million for our $400 million loan guarantee authority for affordable housing projects. Learn more about the Section 108: Housing Opportunities Focus here .
The **Section 108 Loan Guarantee Program** (Section 108) provides Community Development Block Grant (CDBG) recipients with the ability to leverage their annual grant allocation to access low-cost, flexible financing for economic development, housing, public facility, and infrastructure projects.
Communities can use Section 108 guaranteed loans to either finance specific projects or to launch loan funds to finance multiple projects over several years. Section 108's unique flexibility and range of applications makes it one of the most potent and important public investment tools that HUD offers to state and local governments.
It is often used to catalyze private economic activity in underserved areas in cities and counties across the nation or to fill a financing gap in an important community project.
The program's flexible repayment terms also make it ideal for layering with other sources of community and economic development financing including, but not limited to, New Markets Tax Credits (NMTC), Low Income Housing Tax Credits (LIHTC), and Opportunity Zone equity investments.
Current Availability of Section 108 Financing Housing Opportunities Focus Overview of the HUD Section 108 Loan Guarantee Process and Typical Associated Timelines Section 108 Program Resources eCon Planning Suite (Consolidated Plan) Integrated Disbursement and Information System (IDIS) Content current as of June 10, 2025.
According to the current listing, eligibility includes: State and local governments, including Fairfax County, Virginia. Confirm the full requirements in the official notice before applying.
Section 108 Loan Guarantee Program (Section 108) is funded by U.S. Department of Housing and Urban Development (HUD). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Virginia. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.
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