Please call for additional details - Marie, 720-275-3926
Colorado Department of Local Affairs
Division of Housing
Tuesday, March 2, 2010
CARHOF Offers Grants for Workforce Housing
CARHOF (Colorado Association of REALTORS® Housing Opportunity Foundation) is sponsoring a Workforce Housing Initiative and is making available $100,000 in grants. Nonprofit and employer housing programs that support workforce housing by offering down payment assistance to help workers purchase homes in their communities can apply.
CARHOF has instituted some guidelines that will help sustain the workforce housing program. Grant recipients must demonstrate an on-going financial and operational capacity to continue the program. The down payment assistance, which is given as a loan to buyers, must comply with all state and federal regulations and be reasonable with the conditions of the market.
For consumers to be eligible for the loans, they must be employed a minimum of 30 hours per week in their community and they must complete a HUD or CHFA certified home buyer counseling program. The loan will be repaid and the monies will be used to help future workers purchase a home.
The funding for this initiative came from National Association of REALTORS® Ira Gribin Workforce Housing fund to assist a broader range of working people including, retail sales workers, restaurant workers, technicians, office workers, etc., in addition to occupations that provide the bulk of vital services.
Nonprofit housing agencies and employers can apply for these funds by submitting a proposal directly to CARHOF at 309 Inverness Way South, Englewood, CO 80112. Applications must be received by 5:00 p.m. on Monday, August 2, 2010 to be considered. The application and guidelines can be found at www.CARHOF.org.
Wednesday, May 05, 2010
NAR Grants Give Working Families a Boost
Daily Real Estate News
May 5, 2010
Share
NAR Grants Give Working Families a Boost
Despite today’s tight economy, many areas of the country have not seen a significant drop in their high cost of living.
To help meet this critical need for more affordable housing for low- to moderate-income working families, the NATIONAL ASSOCIATION OF REALTOR® has awarded more than $3.4 million through the Ira Gribin Workforce Housing Grants program.
Teachers, firefighters, police officers, and restaurant, and retail workers provide vital community services. However, they often cannot afford to live in the communities where they work. This segment of the population can be shut out of the local housing market in high-cost communities, which can lead to longer commutes, sprawl, and traffic congestion.
Ira Gribin Workforce Housing Grants are awarded to state and regional REALTOR® associations to help fund programs that promote safe, decent housing for people with low and moderate incomes. Established in 2009, the program is named in honor of Ira Gribin, a former NAR president who was a tireless advocate for fair and affordable housing for diverse populations.
“REALTORS® build communities and care about the high cost of housing and the lack of affordable, decent homes available to working families in many of our communities,” said NAR President Vicki Cox Golder. “REALTOR® associations are working hard to address affordability problems in their states, and through the Ira Gribin Workforce Housing Grants program, they are able to provide even more affordable housing opportunities to working families. That’s good for the entire community."
Grants can be used to support a broad range of workforce housing solutions, including downpayment and financial assistance programs, home buyer or REALTOR® education, public awareness and advocacy campaigns, and housing construction and rehabilitation. The one-time grants are awarded on a sliding scale based on REALTOR® association membership. To date, NAR has awarded grants to 31 REALTOR® associations, totaling just over $3.4 million.
The following state REALTOR® associations or their foundations have been awarded an Ira Gribin Workforce Housing Grant since the program’s inception: Arizona, California, Colorado, Delaware, Florida, Hawaii, Idaho, Illinois, Kansas, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia and Wisconsin.
A new NAR report, “Tackling Workforce Housing State by State,” describes the status and progress of the 2009 Ira Gribin Workforce Housing Grant recipients. The report provides detailed program summaries and contact information for each of the grantees and is available at www.realtor.org/iragribingrant.
“The ‘Tackling Workforce Housing State by State’ report is a great resource for REALTORS® or community organizations who are looking for a guide or need inspiration to handle workforce housing issues in their own community,” said Cox Golder.
— NAR
May 5, 2010
Share
NAR Grants Give Working Families a Boost
Despite today’s tight economy, many areas of the country have not seen a significant drop in their high cost of living.
To help meet this critical need for more affordable housing for low- to moderate-income working families, the NATIONAL ASSOCIATION OF REALTOR® has awarded more than $3.4 million through the Ira Gribin Workforce Housing Grants program.
Teachers, firefighters, police officers, and restaurant, and retail workers provide vital community services. However, they often cannot afford to live in the communities where they work. This segment of the population can be shut out of the local housing market in high-cost communities, which can lead to longer commutes, sprawl, and traffic congestion.
Ira Gribin Workforce Housing Grants are awarded to state and regional REALTOR® associations to help fund programs that promote safe, decent housing for people with low and moderate incomes. Established in 2009, the program is named in honor of Ira Gribin, a former NAR president who was a tireless advocate for fair and affordable housing for diverse populations.
“REALTORS® build communities and care about the high cost of housing and the lack of affordable, decent homes available to working families in many of our communities,” said NAR President Vicki Cox Golder. “REALTOR® associations are working hard to address affordability problems in their states, and through the Ira Gribin Workforce Housing Grants program, they are able to provide even more affordable housing opportunities to working families. That’s good for the entire community."
Grants can be used to support a broad range of workforce housing solutions, including downpayment and financial assistance programs, home buyer or REALTOR® education, public awareness and advocacy campaigns, and housing construction and rehabilitation. The one-time grants are awarded on a sliding scale based on REALTOR® association membership. To date, NAR has awarded grants to 31 REALTOR® associations, totaling just over $3.4 million.
The following state REALTOR® associations or their foundations have been awarded an Ira Gribin Workforce Housing Grant since the program’s inception: Arizona, California, Colorado, Delaware, Florida, Hawaii, Idaho, Illinois, Kansas, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia and Wisconsin.
A new NAR report, “Tackling Workforce Housing State by State,” describes the status and progress of the 2009 Ira Gribin Workforce Housing Grant recipients. The report provides detailed program summaries and contact information for each of the grantees and is available at www.realtor.org/iragribingrant.
“The ‘Tackling Workforce Housing State by State’ report is a great resource for REALTORS® or community organizations who are looking for a guide or need inspiration to handle workforce housing issues in their own community,” said Cox Golder.
— NAR
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