2017 Spring Innovation Funding Round
The Barnes Fund for Affordable Housing is soliciting applications for their 2017 Spring Innovation Funding Round. This Innovation Round is a pilot initiative which will be solicited through a competitive, transparent application process. The goal of this round is to identify ways to creatively prevent displacement, with plans that respect the community’s needs and increase housing options for Nashvillians. Applications can be innovative in three areas:
- Innovative partnerships that help lower the cost of development and/or help nonprofit developers undertake projects that will have a maximum impact on our community such as nonprofit and for-profit developer partnerships, program-based partnerships, and public sector partnerships.
- Innovative tools to develop affordable housing such as mixed-use housing, mixed-income housing, transit-oriented development, non-traditional land use to develop housing, non-traditional design of the housing units, employer-assisted housing, tiny homes, or Community Development Financial Institutions(CDFI). If interested in developing a Community Land Trust (CLT), please complete the CLT Request for Letters of Intent application.
- Innovative housing for target populations which are developments tailored to target populations such as seniors, large families, creatives, 0-30% AMI, ex-offenders, youth transitioning out of foster care, hospitality/tourism employees, teachers, veterans, and persons with disabilities.
$3,000,000 in grant funding has been made available for this 2017 Spring Innovation Round of funding. In addition, $1,500,000 has been made available for 2016 Fall Round applicants who were not awarded funding.
Eligible projects must create or preserve affordable housing opportunities in Nashville and Davidson County Tennessee. Rental projects must be affordable to households with incomes at or below 60% of the median family income adjusted for family size. Home buyer/home owner rehabilitation projects must be affordable to households with incomes at or below 80% of the median family income adjusted for family size.
Barnes Nonprofit Capacity Building
The Barnes Fund is now seeking applications from nonprofit affordable housing developers, interested in building their organizational capacity. In partnership with the Center for Nonprofit Management and the National Development Council, The Barnes Fund has created a capacity building program designed to strengthen the management capacity of local nonprofit developers, with a focus on affordable housing finance and development. This program will include an organizational assessment, tailored technical assistance from local consultants, and a cohort-based training that explores the development process, financial analysis techniques, and structuring needed to successfully develop and finance affordable home ownership and rental housing development. Nonprofit Capacity Building applications are due May 11, 2017.
How to Apply
Click the application button for which you would like to submit a grant application at the bottom of this page. In the SIGNUP box, enter your email address (username) and create a password for your account. Make sure you use an email address that you check frequently. Click SIGNUP to open the application.
You can save and access your application throughout the application process by reentering your username and password on the grant application page. You must SIGNUP first before you begin completing the application.
Complete the Application
Answer all questions on the application. The asterisks indicate that you are required to answer the question. You will be unable to complete your application if any required fields are left blank. If a question does not apply, please type NA.
The application and ALL supporting materials must be submitted by June 12, 2017.
Questions? Please email Morgan.Mansa@nashville.gov.
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