Rental Housing Development

The Rental Housing Development (RHD) Program assists eligible housing organizations, particularly Community Housing Development Organizations (CHDOs), with funds to develop affordable rental housing.  For-profit corporations may partner with the above-mentioned groups or directly apply for these funds.

The funds must serve households at or below 60% of the County Median Income (CMI).  Projects receiving HOME funds are subject to rent limitations for a specified period.  Funds may be used for acquisition, rehabilitation and new construction activities.  Application and Program Guide are available below and accepted as long as the supply of funds lasts.  Application submission dates are quarterly.

This program is part of the Bureau of Local Development, Division of Housing and Community Development, Wisconsin Department of Commerce.  It is federally funded through HUD’s Home Investment Partnership’s Program (HOME).

NOTICE

The next RHD round of funding is June 2009.

Information regarding the Rental Housing Development Program may be obtained by contacting Meryl Lesch at (608) 267-6912.