The Housing Opportunity Fund (HOF) may be used for new construction or the purchase and rehabilitation of rental or homeownership housing, housing preservation, including home repair grants and grants to make homes more accessible to individual with disabilities, homelessness prevention activities, and community land trusts. Any for-profit entity, nonprofit entity, tribal government, housing authority, political subdivision or agency of such subdivision, or state agency is eligible to apply for funding.
Persons experiencing or at risk of homelessness
Very low-income households (income less than 50% AMI)