Lead-Safe and Healthy Homes Financing Demonstration
🏛 Department of Housing and Urban Development (HUD)
✓ Free, no account · Source: Grants.gov · Last verified Jul 16, 2026
Can you apply?
This grant is for organizations interested in serving as a National Fund Manager to establish and operate a lead-safe and healthy homes financing demonstration. Eligible applicants typically include nonprofit organizations, CDFIs, state/local governments, and consortia with experience in housing finance, lead remediation, and community development. The Fund will operate nationally but serve low-income communities, particularly targeting 1–4 unit properties. Organizations must demonstrate capacity to leverage public funds with private capital, manage financing mechanisms, and provide technical assistance to sub-recipients.
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Key dates
- Jun 3, 2026 Applications open
- Aug 3, 2026 Application deadline in 17 days
- Sep 14, 2026 Award announced
- Nov 2, 2026 Project start
Program description
This Notice of Funding Opportunity (NOFO) announces approximately $10 million to support a National Fund Manager (NFM) to design and manage a Lead-Safe and Healthy Homes Financing Fund Demonstration (the Fund). The Fund will be a national platform to pool public and private capital to accelerate the reduction of residential lead exposure, particularly childhood lead poisoning, and improve housing-related health conditions in low-income communities (“lead-safe and healthy homes activities”).
While HUD and EPA programs have addressed lead and other environmental hazards in many homes, progress remains slow relative to the scale of need. For example, since 1993, HUD has remediated lead hazards in over 230,000 low-income housing units, but tens of millions of U.S. households continue to face risk from lead and additional residential environmental stressors. Expanding access to private capital alongside public funding is critical to increasing the pace and scale of remediation.
Traditional home repair financing remains difficult to access due to strict underwriting, high denial rates, and lender risk concerns, leaving many older homes in disrepair. The Fund will build upon successful local models that combine public and private resources and expand this approach nationally by aggregating capital and supporting local financing programs.
The NFM will be responsible for leveraging the initial $10 million in public funds to raise private capital investments, structuring financing mechanisms, and providing technical assistance to support the Fund’s operations. The NFM will also be responsible for the distribution of the funds through eligible activities by using no more than $1 million of the federal award for administrative activities, while deploying the remaining capital through loans, grants, and other financial products that flow to state, regional, and local governments and nonprofit organizations selected by the NFM. The NFM will select and enter into agreements with organizations, which will in turn provide financing for conducting lead-safe and healthy homes activities in homes of low-income homeowners and homes owned by small landlords, particularly in 1–4 unit properties in low-income communities. HUD will maintain oversight through review of Fund structure, performance, and compliance rather than by participating in investment selection decisions.
The organizations selected for funding by the NFM will ensure that the financing conditions require use of appropriately qualified contractors, laboratories, and financial entities in accordance with applicable Federal, state, and local requirements and this NOFO. The NFM will establish and oversee compliance, reporting, and quality assurance processes to ensure that lead-safe and healthy homes activities are performed and financed in accordance with program requirements.
Who can apply
Eligible applicants
- 501(c)(3) Public Charity
- CDFI
- City / Municipal Government
- Nonprofits
- Small Business (SBA-defined)
- State Government
Demographic focus
How to apply
Application links
Key dates & requirements
Required documents
- SF-424 (Application for Federal Assistance)
- Project Narrative (Fund structure, capital strategy, operational plan)
- Budget and Budget Narrative
- Organizational capacity documentation (board, staff, experience)
- Letters of support or partnerships from potential sub-recipients
- Compliance and financial management certifications
Program contact
- 👤 Larry Byrd
- 📧 olhchh.nofa@hud.gov
- 📞 (202) 402-8078
Funding track record
No recent recipient data available for CFDA 14.922 in our database.
This can happen for newer programs, programs that use non-standard award types (loans, direct payments, fellowships), or those funded through sub-agencies under different codes.
Funding history
Annual funding for this program — Federal obligations (CFDA 14.922). How funding has trended year over year.
| 2026 est. | $10,000,000 |
FAQ
Who can apply for this grant?
Organizations with experience in housing finance, lead remediation, and community development can apply. Likely candidates include nonprofits, CDFIs, and state/local government entities.
What is the award amount?
HUD will award approximately $10 million to a single National Fund Manager. This is a fixed amount, not competitive.
How will the NFM use the $10 million?
The NFM must use no more than $1 million for administrative costs and deploy remaining capital through loans, grants, and other financial products to sub-recipients.
What activities does the Fund support?
Lead-safe and healthy homes activities in low-income communities, including lead remediation, environmental hazard reduction, and housing-related health improvements.
Is cost-sharing required?
No cost-sharing or matching funds are required from the NFM applicant.
💡 Tips for applicants
- Emphasize experience raising and leveraging private capital alongside public funding. HUD prioritizes applicants proven at blending capital sources.
- Demonstrate a track record managing large-scale financing programs or funds. The NFM role requires sophistication in fund structure and oversight.
- Show deep knowledge of lead remediation requirements, qualified contractor networks, and compliance frameworks across federal, state, and local levels.
- Propose a clear strategy for selecting and supporting sub-recipient organizations. Specify how you'll build local financing programs nationwide.
- Plan realistic administrative spending. Keep operations under $1 million to maximize capital deployed to homeowners and landlords.
⚠️ Common mistakes
Weak private capital strategy. Applicants must credibly show ability to leverage federal seed funds into significantly larger private investment pools. Lack of lead/housing expertise. Organizations without direct experience in lead remediation, contractor compliance, or housing finance struggle to build trust with HUD. Underestimating sub-recipient support. Successful applications detail robust technical assistance, compliance monitoring, and performance management systems for local partners.
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