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Veteran Housing Grants Program, Home Depot Foundation

  • December 05, 2019

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The Home Depot Foundation’s (THDF) Veteran Housing Grants Program awards grants to nonprofit organizations for the new construction or rehabilitation of permanent supportive housing for veterans. Awards typically range from $100,000 to $500,000.

Organizations or individuals with projects focused on single home construction or repair would not qualify for this program and may be a better fit for our Community Impact Grant programs. Single repair requests should reach out to our National Partners who are already funded to assist qualifying veterans.

Eligible Applicants

  • Grants are only awarded to 501(c)3 nonprofit organizations that have been in good standing with the Internal Revenue Service for at least 5 years.
  • Organizations with a current operating budget of at least $300,000 and audited financial statements from the past three years.
  • Organizations with previous experience developing, and currently manage or own, veteran specific housing.
  • Organizations must have a 15+ year ownership stake in the development.
  • Organizations must be involved in the Continuum of Care or local collaboration to end homelessness in their community.

Eligible Developments/Programs

  • New construction and rehabilitation of multifamily, permanent supportive housing.
  • Grants will be awarded solely for the physical construction of housing for veterans (hard costs). THDF does not provide funding for soft costs, such as furnishings, rental subsidies, tenant services, etc.
  • Target population of honorably discharged veterans, at or below 80% AMI.
  • THDF grant funding must comprise less than 50% of the total development cost of the project/program.
  • The amount of funding requested does not exceed $20,000 per veteran unit.
  • 75% of the development/program’s funding sources have been identified at the time of proposal submission.
  • Project will commence within twelve months of proposal submission.
  • At least 20% of the housing units must be reserved for veterans.
  • Proposals must provide evidence of a third party binding agreement that ensures the units are a. 1) Reserved for veterans; and b.2) Occupied by veterans for a minimum of 15 years for rental or 3 years for homeownership (i.e. project-based HUDVASH, other funder requirement, deed restriction, zoning requirement, etc.).
  • Supportive services must be provided.

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