Explore real estate grants in your state! Get a comprehensive guide to U.S. state-by-state real estate grants, including eligibility, benefits, and application processes.
Discover a variety of grants and funding opportunities designed to support real estate professionals, students, and community organizations across different states.
Whether you’re looking to advance your career, support your education, or improve housing affordability, these state-specific options offer valuable resources to meet your needs.
Explore these State-by-State Grants and Funding Options for Real Estate Agents In the U.S
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New York
NYSAR Housing Foundation Grant
The New York State Association of REALTORS® Housing Opportunities Foundation, Inc. provides grants to assist with closing costs or down payments for low-to-moderate-income families in New York State. These grants aim to increase affordable housing opportunities and have no repayment requirements.
Grant Amount:
- $2,000 per recipient.
Key Eligibility Requirements:
- Must be first-time homebuyers as defined by SONYMA.
- Income must be no more than 110% of SONYMA’s TARGET income limit for the applicant’s county.
- Home prices must be no more than 110% of SONYMA’s TARGET purchase price limit for the applicant’s county.
- Application Period: Applications reviewed monthly, with decisions made the following month.
- Must use a REALTOR®; REALTORS® representing themselves are ineligible.
- Applications must be complete to be entered into the lottery system.
- Applicants with a first-time homeowner workshop certification receive two lottery entries.
For more details and to apply, visit NYSAR Housing Foundation or contact Ali Mann at amann@nysar.com.
The New York State Real Estate Education Foundation (NYSREEF)
Established in 2003 by the New York State Association of REALTORS®, the Education Foundation aims to foster greater knowledge and professionalism among REALTORS®. The foundation provides scholarships for high-level, national designation courses to enhance the public’s real estate transaction experience.
Grant Amount:
- Scholarships cover various national designation or certification courses.
- Instructor Training Institute (ITI) scholarships cover half of the tuition.
Key Eligibility Requirements:
- Must be an actively engaged REALTOR® with primary membership in New York State.
- Must have been licensed in New York State for at least one year.
- Application Period: Applications due by December 31 (notification by mid-February) and July 31 (notification by mid-October).
- Required Documents: One-page application, applicant letter, and two letters of recommendation.
- Eligible Courses: Includes ABR, AHWD, CIPS, ePRO, GREEN, GRI, HFR, MRP, PSA, RENE, RSPS, SFR, SRES, SRS, and others.
For more details and to apply, visit NYSAR Education Foundation or contact the foundation directly.
Single Family Housing Repair Loans & Grants in New York
The Section 504 Home Repair program offers loans to very-low-income homeowners to repair, improve, or modernize their homes, and grants to elderly very-low-income homeowners to remove health and safety hazards.
Grant Amount:
- Maximum loan: $40,000
- Maximum grant: $10,000
- Combined loan and grant: Up to $50,000
Key Eligibility Requirements:
- Must be the homeowner and occupy the house
- Unable to obtain affordable credit elsewhere
- Household income must not exceed the very low limit by county
- For grants, must be age 62 or older
- Application Period: Year-round through local RD offices
Affordable Housing Grants for Nonprofits in New York
The Appalachian Regional Commission (ARC) offers grants to invest in Appalachia’s economic development through federally appropriated funds. Grants must align with ARC’s strategic investment priorities and state plans and strategies.
Grant Amount:
Varies based on the project and funding availability
Key Eligibility Requirements:
- Applicants must be nonprofits focused on affordable housing in New York
- Projects must align with ARC’s strategic investment priorities
- Work with your state’s ARC Program Manager to ensure project alignment
- Complete the Access to Capital Application Checklist for loans or equity capital requests
- Application Period: Applications begin at the state level and are reviewed on an ongoing basis
Start Application Here Extra info
New York Housing Trust Fund (State) (NY HTF)
The New York Housing Trust Fund (NY HTF) program, administered by NYS Homes and Community Renewal (NYS HCR), provides grants to construct low-income housing, rehabilitate vacant or distressed properties, or convert non-residential properties to residential use. It supports low-income homesteaders, tenants, tenant-cooperators, or condominium owners in blighted or deteriorating areas.
Grant Amount:
- Funding is limited to $125,000 per unit
- Up to 10% of the award can be used for a community service facility
Key Eligibility Requirements:
- Applicants must be for-profit, non-profit, or government entities.
- Household income must not exceed 80% of Area Median Income (AMI).
- Projects must be located in blighted or deteriorating areas.
- Funding is available for rehabilitation, new construction, or non-residential conversion.
- The project must ensure long-term use by low-income persons for 15 to 30 years.
- One- and two-unit properties are exempt from the vacancy requirement if rehabilitation creates at least one additional unit.
- Application Period: Currently available, check NYS HCR for specific deadlines.
Democratizing the Friends & Family Round
Project Entrepreneur, a program by UBS, is partnering with Hello Alice to support female founders of color in NYC. The grant provides $25,000 and mentorship to 20 female founders leading venture-scalable companies. This initiative aims to bridge the funding gap and provide resources necessary for growth.
Grant Amount:
- $25,000 per recipient
- Mentorship for business growth
Key Eligibility Requirements:
- Applicants must be female founders of color.
- Must be leading venture-scalable companies.
- Must be based in New York City.
- Application Period: Check Hello Alice for specific deadlines.
New York State HOME Program
The New York State HOME Program, administered by the Housing Trust Fund Corporation (HTFC), utilizes federal HOME Investment Partnership Program funds to enhance the availability of safe, decent, and affordable housing across the state. The program supports activities such as acquisition, rehabilitation, and construction of affordable housing, as well as providing assistance to low-income home-buyers and renters through partnerships with various entities.
Grant Amount:
- Grants vary based on project scope and funding availability.
- Matching funds may be required as per federal regulations.
Key Eligibility Requirements:
- Eligible Applicants include units of local government, non-profit corporations, Public Housing Authorities, for-profit or non-profit developers, and Community Housing Development Organizations (CHDOs).
- Application Period: Ongoing; specific deadlines may apply based on funding cycles.
- Eligible Areas: All regions within New York State.
- Eligible Participants: Household incomes up to 80% of area median income for most activities; 60% for rental projects.
- Eligible Activities encompass acquisition, rehabilitation, construction, homeowner rehabilitation, homebuyer down payment assistance, manufactured home replacement, and tenant-based rental assistance.
- Period of Affordability typically ranges from 5 to 20 years, contingent on project specifics and funding allocations.
For more information and detailed guidelines, please visit the HTFC website or contact HOMEprogram@hcr.ny.gov.
California
The ODGMO of California Grants
California Housing Grants provide financial assistance to residents across various categories, including low-income households, green home initiatives, minority housing support, and home-based businesses. These grants aim to improve housing affordability, sustainability, and access for diverse communities in the state.
Grant Amount:
Varies based on specific program and applicant needs.
Key Eligibility Requirements:
- Applicants must be California residents.
- Income criteria apply, targeting low-income households.
- Specific grants available for minorities and home-based businesses.
- Application periods vary by program and are detailed in each grant category.
For more information on eligibility, application procedures, and grant specifics, visit the Office of Departmental Grants Management and Oversight (ODGMO) of California’s website.
Single Family Housing Repair Loans & Grants in California
The Section 504 Home Repair program offers financial assistance to very-low-income homeowners in California. This grant and loan program helps with home repairs, improvements, and modernization. It also assists elderly homeowners in removing health and safety hazards.
Grant Amount:
- Maximum loan: $40,000
- Maximum grant: $10,000
- Combined assistance: Up to $50,000
Key Eligibility Requirements:
- Must be a homeowner and occupy the house.
- Must be unable to obtain affordable credit elsewhere.
- Household income must not exceed the very low limit by county.
- For grants, applicants must be age 62 or older.
- Applications accepted year-round through local RD offices.
This pilot program increases the grant and loan limits to provide more substantial assistance to eligible homeowners.
C.A.R’s® Housing Affordability Fund (HAF) Grants
The California Association of REALTORS® Housing Affordability Fund (HAF) provides grants to local associations to address housing affordability and supply challenges in California.
This grant aims to enhance housing affordability and supply through strategic funding partnerships with local associations. It leverages donations from various sources to maximize impact. Applications must be submitted at least seven weeks before C.A.R. Business Meetings.
Grant Amount:
- No more than 10% of the fund balance per individual award
- No more than 25% of the fund balance per year
Key Eligibility Requirements:
- Local associations must fill out and submit funding request forms.
- An in-person presentation of the program proposal is required.
- Final project report submission is mandatory upon completion.
- Applications should be submitted at least seven weeks before C.A.R. Business Meetings.
C.A.R’s® Pathway To Homeownership Closing Cost Assistance Grant Program
The Pathway to Homeownership Closing Cost Assistance Grant Program helps first-time homebuyers from underserved communities with up to $10,000 for closing costs.
This initiative, by C.A.R.’s Housing Affordability Fund in partnership with Neighborhood Partnership Housing Services, aims to bridge the affordability gap for low-to-moderate-income buyers. Applications are available now on a first-come, first-served basis.
Grant Amount:
- Up to $10,000 in closing cost assistance.
Key Eligibility Requirements:
- Applicant must be a first-time homebuyer.
- Applicant must belong to an underserved community (people of color, persons with disabilities, LGBTQ+ individuals).
- Property must be a single-family residence in California.
- Applicant’s income must be no more than 120% of the Area Median Income (AMI).
- Applicant must be represented by a member of the California Association of REALTORS®.
- Applicant must intend to occupy the property as their principal residence for at least three years.
- Applicant must use financing that adheres to the National Association of REALTORS® Responsible Lending Criteria.
The City of Menifee’s Senior Minor Home Rehabilitation Program
The City of Menifee’s Minor Home Rehabilitation Program (MHRGP) offers up to $10,000 in lifetime assistance to very low-income seniors and permanently disabled homeowners for essential home repairs. Eligible homeowners must meet specific criteria to participate in this program.
Grant Amount:
- Up to $10,000 lifetime assistance.
Key Eligibility Requirements:
- Applicant must be an owner-occupant of a single-family dwelling or mobile home and have lived in the property for at least one year.
- Applicant must be a senior citizen (62 years or older) or a permanently disabled person, or have a permanently disabled immediate family member residing full-time in the residence.
- Applicant’s annual gross income must not exceed 50% of the County of Riverside median income, adjusted for household size.
- Eligible repairs include ceiling/roof repairs, door/window locks, plumbing and electrical repairs, flooring, heating/cooling systems, ramps, stairs, handrails, smoke detectors, water heaters, windows, and corrections for building code violations.
C.A.R’s Pathway to Homeownership Closing Cost Assistance Grant Program
C.A.R.’s Housing Affordability Fund (HAF), in collaboration with Neighborhood Partnership Housing Services (NPHS) and HUD-approved housing counselors, offers up to $10,000 in closing cost assistance. This program aims to bridge the affordability gap for first-time homebuyers from underserved communities in California.
Grant Amount:
- Up to $10,000 for closing costs.
Key Eligibility Requirements:
- Must be a first-time homebuyer.
- Must belong to an underserved community (people of color, individuals with disabilities, or LGBTQ+).
- Property must be a single-family residence in California.
- Income must be no more than 120% of Area Median Income (AMI).
- Must use the services of a California REALTOR®.
- Application Period: Year-round until funds are exhausted.
Additional Criteria:
- Must intend to occupy the property as a primary residence within 60 days of closing.
- Must not pay all-cash for the property.
- Must have less than $20,000 in savings after purchase.
Massachusetts
Community Development Block Grant (CDBG) Program – Massachusetts
The Massachusetts Community Development Block Grant (CDBG) Program is a federally funded initiative aimed at aiding small cities and towns in addressing various community development needs. The program focuses on benefiting low and moderate-income residents, as well as revitalizing areas of slum or blight.
Grant Amount:
- Up to $1,350,000 for fiscal year 2022/2023
- Up to $800,000 for fiscal year 2021
- Amount for fiscal year 2024 pending
Key Eligibility Requirements:
- Applicants must be low to moderate-income residents.
- Projects must be located in an identified neighborhood or target area.
- The application period for fiscal year 2024 was due by March 2024. 2025 application period is expected to be around the same time.
- Eligible projects include housing rehabilitation, business assistance, infrastructure, and public facility improvements.
- Community participation is required through the Community Development Block Grant Advisory Group.
GBAR Charitable Giving
The GBAR placemaking Grants aim to transform unused sites and “eyesores” into welcoming destinations. These grants encourage REALTOR® Associations to take the lead in enhancing community livability and downtown revitalization.
Grant Amount:
- Level 1: Up to $3,000 for temporary projects
- Level 2: Up to $7,500 for permanent public spaces
Key Eligibility Requirements:
- Projects must increase community livability and revitalization.
- Applicants must be REALTOR® Associations or their members.
- The application deadline is July 31, subject to NAR funding availability.
- Level 1 projects include temporary parklets and bike lanes.
- Level 2 projects include trails, playgrounds, and public gardens.
Contact Information: For more details on the Placemaking Grants and application processes, visit the Placemaking Grant FAQs and Ideas for Using a Placemaking Grant sections on the official website.
Housing Choice Grant Program
The Housing Choice Grant Program supports communities committed to sustainable housing production by funding various improvements. This competitive grant is available to designated Housing Choice Communities, rewarding municipalities that have produced significant housing units and adopted best practices.
Grant Amount:
- Award amounts vary based on project scope and funding availability.
Key Eligibility Requirements:
- Applicants must be designated Housing Choice Communities or entities serving them.
- Projects must relate to housing, transportation, infrastructure, economic development, or community development.
- Application period for FY25 grants is detailed in the program guidelines.
- Review the FY25 Housing Choice Grant Program Guidelines before applying.
- Apply through the Community One Stop for Growth portal.
Last Mile Infrastructure Grant
The Last Mile Infrastructure Grant program assists eligible towns in Massachusetts with funding for municipally-owned broadband networks. Grants cover expenses related to design, engineering, and construction services necessary for broadband infrastructure.
Grant Amount:
- Grants are based on allocations determined by the Massachusetts Broadband Institute (MBI) Last Mile program.
- Funding includes allocations for professional services and construction.
Key Eligibility Requirements:
- Applicants must be towns within Massachusetts.
- Projects must involve municipally-owned broadband networks.
- Applications are accepted on a rolling basis.
- Towns must request an application from the Executive Office of Housing and Economic Development (EOHED).
Housing Choice Grant Program
The Last Mile Infrastructure Grant program supports eligible towns in Massachusetts with funding for municipally-owned broadband network projects. Administered by the Executive Office of Housing and Economic Development (EOHED), these grants cover costs for design, engineering, and construction services to enhance broadband accessibility in underserved areas.
Grant Amount:
- Grants cover professional and construction costs based on allocations set by the Massachusetts Broadband Institute (MBI) Last Mile program.
- Funding supplements the town’s financial contribution to ensure project feasibility.
Key Eligibility Requirements:
- Towns must apply for funding directly through EOHED.
- Applications are accepted on a rolling basis, providing flexibility for project initiation.
- Projects must align with MBI Last Mile program goals for broadband expansion.
MassWorks Infrastructure Program
The MassWorks Infrastructure Program is a competitive grant initiative in Massachusetts, offering significant capital funds to municipalities and eligible public entities. It supports public infrastructure projects that stimulate housing production, foster private development, and generate employment opportunities statewide. Administered by the Executive Office of Economic Development (EOED), MassWorks emphasizes multi-family housing in walkable, mixed-use districts to spur immediate job creation and economic growth in distressed areas.
Grant Amount:
- Grants provide substantial capital funding tailored to public infrastructure projects.
Key Eligibility Requirements:
- Open to all Massachusetts municipalities and eligible public entities.
- Projects must align with MassWorks goals of housing production and economic revitalization.
- Applications closed on June 5, 2024. It is expected that 2025 cyce would close around the same time.
The Infrastructure Investment Incentive Program (“I-Cubed”)
The Infrastructure Investment Incentive Program (“I-Cubed”) supports large-scale private real estate development projects in Massachusetts by funding necessary public infrastructure improvements. Administered by the Secretary of Administration and Finance, the Commissioner of the Department of Revenue, and MassDevelopment, the program aims to stimulate economic growth and job creation through innovative public-private partnerships.
Grant Amount:
- Funds infrastructure improvements estimated between $5 million and $50 million.
- Up to $600 million in tax-exempt bonds available statewide.
- Maximum of 10 projects per municipality.
Key Eligibility Requirements:
- Project must demonstrate significant new public infrastructure needs.
- Priority given to economically distressed municipalities meeting unemployment and income criteria.
- Applications must show the project’s economic necessity and feasibility.
- Application period: Ongoing, subject to project and funding availability.
Connecticut
Eastern Connecticut Association of REALTORS® Mentorship Program
ECAR’s Realtor® Mentorship Program supports underrepresented aspiring real estate agents in Eastern Connecticut by covering onboarding costs up to $1,200. This includes a one-time reimbursement of REALTOR® fees paid (excluding licensing).
Grant Amount:
- Up to $1,200
Key Eligibility Requirements:
- Applications must be submitted by an ECAR Realtor® (Mentor).
Black Business Alliance (BBA)
The Black Business Alliance (BBA) and the Connecticut Department of Economic and Community Development (DECD) have partnered to launch a new grant initiative aimed at supporting small minority businesses in Connecticut.
This grant program offers flexible funding with two application periods, ensuring ample opportunities for businesses to secure financial support.
Successful applicants will receive pre and post-technical assistance from the expert BBA Technical Assistance team and access to a network of essential resources.
Grant Amount:
$100,000
Key Eligibility Requirements:
- Businesses must have been operational for at least one year at the time of application submission, with documented sales records.
- Business must be in good standing with the CT Department of Revenue Services.
- Business must be registered in Connecticut.
- Use of formal digital bookkeeping tools and an established business checking account required.
- The business must operate for profit.
- The business must be owned by an individual at least 18 years old.
- Application Period: Applications accepted on a rolling basis.
Hartford Economic Development Corporation (HEDCO)/Spanish American Merchants Association (SAMA)
This program, a collaboration between HEDCO, SAMA, and state entities, offers grants up to $30,000 to small businesses in Connecticut. It connects recipients with a network of service providers for essential resources to start, sustain, or expand businesses, addressing needs often unmet due to cost.
Grant Amount:
- Grants up to $30,000
Key Eligibility Requirements:
- Businesses must undergo the program’s assessment process.
- Must be for-profit entities with ≤25 employees, registered and in good standing in Connecticut.
- Minimum one year of operation required.
- The application period for 2024 rounds was announced earlier in 2024.
Start Application Here Extra info
Southeastern Connecticut Enterprise Region Corporation (SeCTer)
seCTerRise offers $10,000 and $25,000 grants to support growth projects for small businesses in Southeastern Connecticut.
Funded by the Department of Economic and Community Development, this competitive program aims to enhance business growth and profitability through impactful projects.
Grant Amount:
- $10,000 and $25,000
Key Eligibility Requirements:
- Businesses must be located in specific towns within Southeastern Connecticut.
- Must be in good standing with the CT Department of Revenue Services and registered in Connecticut.
- Applicants must be at least 18 years old and provide essential financial documents.
- Application period opens March 1st, 2024.
The Community Foundation Mission Investment Company – Community Foundation for Greater New Haven
TCFMIC, a subsidiary of The Community Foundation for Greater New Haven, aims to empower entrepreneurs and businesses in Greater New Haven by providing capital and resources. Their mission is to stimulate economic empowerment, foster wealth creation, and promote community development through strategic investments.
Grant Amount:
- Funding amounts are tailored to meet specific business needs; exact figures are not specified.
Key Eligibility Requirements:
Businesses must be:
- Located in Greater New Haven
- Committed to enhancing economic empowerment and community wealth
- Aligned with TCFMIC’s mission of promoting opportunity and equity
Torrington Grant Program
The Women’s Business Development Council offers grants ranging from $2,500 to $10,000 to small businesses located in Torrington, CT. These grants are intended to support clearly defined projects that will significantly enhance business growth and profitability.
Grant Amount:
- Grants range from $2,500 to $10,000 based on project scope and impact.
Key Eligibility Requirements:
- Businesses must operate within Torrington, Connecticut.
- Projects should demonstrate a clear, measurable impact on business growth and profitability.
- Funds cannot be used for operational expenses, debt repayment, or past purchases.
For application details and to apply, visit the Women’s Business Development Council’s website. Applications are reviewed monthly until funds are fully allocated. Apply now to secure funding for your business growth initiatives.
Supporting Women of Real Estate Grant
The National Association of REALTORS® and the Women’s Council of REALTORS® partner with local and state REALTOR® associations to host one-day conferences aimed at advancing women in real estate leadership. Funded by The Center for REALTOR® Development, this grant fosters innovative programs to empower women professionals in business and organized real estate.
Grant Amount:
- $2,000 increments
Key Eligibility Requirements:
- REALTOR® associations must propose new and innovative programs focused on women’s leadership in real estate.
- Events must be completed by December 15, 2024, with follow-up reports submitted to the Women’s Council.
Applications open March 1, 2024, and close June 21, 2024. Contact your local or state REALTOR® association for application details and eligibility criteria.
Alaska
Greater Opportunities for Affordable Living (GOAL)
The Greater Opportunities for Affordable Living (GOAL) program offers grants, federal tax credits, and zero-interest federal loans to developers and sponsors constructing affordable rental housing for low- to moderate-income families and seniors.
Grant Programs:
- HOME Investment Partnership Act
- Low-Income Housing Tax Credit Program
- Senior Citizens Housing Development Fund (SCHDF)
- National Housing Trust Fund
Key Eligibility Requirements:
- Open to for-profit corporations, nonprofit agencies, and regional housing authorities.
- Annual competitive funding cycle begins with pre-application registration in late June to early July.
- Application deadlines in mid-November, with notices of intent to award typically by late December.
Alaska SBIR/STTR Grant Program
The Alaska SBIR/STTR Grant Program provides state funding to Alaska-based businesses holding active Federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) Phase I or Phase II awards. It aims to enhance innovation and commercialization efforts supported by federal grants, bridging funding gaps and boosting competitiveness for Phase II funding.
Grant Amount:
- Phase I awardees: Up to $25,000
- Phase II initial award: Up to $25,000
- Phase II supplemental award (if available): Up to $75,000 (total maximum award up to $100,000)
Key Eligibility Requirements:
- Active SBIR/STTR Phase I or Phase II federal award with minimum 3 months remaining, or completed Phase I with pending Phase II response.
- Business based in Alaska with at least 51% activities conducted in the state.
- Must maintain good standing with Alaska business licensing and federal registration requirements.
University of Alaska Anchorage Microenterprise Grant
The University of Alaska Anchorage Microenterprise Grant (MEGRANT) supports Alaska Mental Health Trust Beneficiaries by funding micro-enterprise ventures. It aims to facilitate self-employment opportunities for individuals with disabilities through grants for new business startups, expansions, or acquisitions.
Grant Amount:
- Grants are tailored to cover costs associated with micro-enterprise development, up to a maximum of $35,000.
Key Eligibility Requirements:
- Applicants must qualify as Alaska Mental Health Trust Beneficiaries.
- Businesses must meet the micro-enterprise definition (capital needs ≤ $35,000, < 5 employees).
- Eligible expenses include business licenses, insurance, inventory, equipment, marketing, and more.
For detailed application assistance, contact Amy Parker at amy@avosparker.com.
Single Family Housing Repair Loans & Grants in Alaska
The Single Family Housing Repair Loans & Grants program, also known as the Section 504 Home Repair program, provides financial assistance to very low-income homeowners in Alaska. Loans are offered to repair, improve, or modernize homes, while grants specifically assist elderly homeowners in removing health and safety hazards.
Grant Amount:
- Loans up to $40,000.
- Grants up to $10,000.
- Combined assistance (loans and grants) can reach up to $50,000.
Key Eligibility Requirements:
- Must be the homeowner and occupy the house.
- Unable to obtain affordable credit elsewhere.
- Household income must not exceed the very low limit set by county.
- For grants, applicants must be age 62 or older.
NAR Safety Program Reimbursement Grant
The NAR Safety Program Reimbursement Grant provides funding to state and local REALTOR® Associations to implement safety initiatives for their members and promote ongoing REALTOR® Safety awareness. The grant encourages the development of new or enhanced safety programs, processes, or services, with an emphasis on education and adaptability.
Grant Amount:
- Up to $2,500 per association.
Key Eligibility Requirements:
- Only state and local realtor associations can apply.
- Projects must create or enhance safety products, programs, processes, or services.
- Initiatives must educate realtors on implementing safety plans.
- The project must have a realistic budget and timeline for completion in 2024.
- Projects must be adaptable by other realtor associations.
- The application period opens on March 1, 2024, and closes on April 5, 2024.
- The project must be completed by November 22, 2024.
- All receipts and requests for reimbursement are due by November 29, 2024.
Sage Invest in Progress Grant Program
The BOSS Network, in partnership with Sage, is launching the inaugural grant of The BOSS Impact Fund with a $1.5 million “Invest in Progress” Grant Program over the next three years. This initiative aims to knock down barriers for Black women entrepreneurs by providing crucial support to build scalable and growth-oriented businesses.
Grant Amount:
- Not specified.
Key Eligibility Requirements:
- Be a for-profit company.
- Black woman-owned founder.
- Have a demonstrated need for funds.
- Business based in the United States.
Washington
Washington Tribal Climate Resilience Program
The Washington State Department of Commerce has allocated $50 million from the Climate Commitment Act (CCA) funds for tribal climate resilience during the 2023-2025 biennium. The grant aims to support tribes in Washington state in addressing their unique climate resilience needs based on their geography, culture, and economy.
Grant Amount:
- Total available: $12 million
- Maximum per award: $2.014 million
Key Eligibility Requirements:
- Open to tribes within Washington state.
- Must address climate resiliency needs.
- Follow the provided application instructions.
A virtual pre-application workshop was held on May 15, 2024, to guide applicants. The recording is available for those who could not attend. The grant program allows tribes flexibility in determining the best use of funds to enhance their climate resilience.
Ecosystem Services Program, Salmon Recovery Planning Grant
The Ecosystem Services program, under the Growth Management Act, is responsible for implementing policies related to natural environment protection and restoration. This includes protecting critical areas and participating in the Governor’s salmon recovery strategy and the Puget Sound National Estuary Program. The grant aims to update comprehensive plans and development regulations to protect ecosystems, improve water quality, and enhance salmon habitats.
Grant Amount:
- The specific amount per grant will be announced during the awards.
Key Eligibility Requirements:
- Open to local governments and tribes working on salmon recovery.
- Must focus on protecting ecosystems, improving water quality, and enhancing salmon habitat.
Public Works Board Traditional Financing
The Public Works Board (PWB) offers loans and grants to counties, cities, and special purpose districts to repair, replace, or create infrastructure. Authorized by state statute (RCW 43.155), the PWB focuses on various infrastructure systems, including domestic water, roads/streets, bridges, sanitary sewer, solid waste/recycling/organics, and stormwater.
Grant Amount:
- Not specified
Eligible Applicants:
- Cities
- Counties
- Special Purpose Districts
- Quasi-Municipal Organizations
The Boating Infrastructure Grant Program
The Boating Infrastructure Grant Program provides federal funding to develop and renovate boating facilities for guest recreational boats that are twenty-six feet and larger. Grants may also be used for boater education.
Funding Details:
- Total Funding Available: $2.2 million
- Grant Limit: $1.4 million
- Match Requirement: 25 percent
Key Eligibility Requirements:
- Projects must target guest recreational boats twenty-six feet and larger.
- Grants can be used for both facility development/renovation and boater education.
The Washington State Department of Commerce Clean Energy Grant Program
The Energy Programs in Communities unit is implementing new grant opportunities based on feedback from a Request for Information (RFI) issued in the fall of 2023 and previous stakeholder input. These programs aim to reduce barriers for applicants, maximize the construction timeline for clean energy projects, and enhance equitable outcomes. Supported by Washington’s Climate Commitment Act (CCA), these grants focus on reducing climate pollution, creating jobs, and improving public health.
Grant Amount:
- Total Funding: Approximately $117 million
- Round 1: Tribal Clean Energy Grants: $16 million
- Round 2: Community Decarbonization Grants: $67 million
- Round 3: General Solicitation: $34 million
Key Eligibility Requirements:
- Round 1: Federally recognized tribes and their service providers; applications accepted until September 27, 2024.
- Round 2: Projects must benefit overburdened communities; applications are closed.
- Round 3: Open to various clean energy project types; applications due June 14, 2024.
For detailed eligibility criteria and application materials, visit the respective grant program documents on the ZoomGrants portal.
Energy Efficiency and Conservation Block Grant
The EECBG program provides capacity-building planning grants to local governments, with Washington distributing $2,046,501 in federal funding. It prioritizes cities and counties demonstrating high need as per the DOE’s Climate and Economic Justice Screening Tool. The goal is to advance state energy strategy, equity goals, and expedite fund delivery to local governments.
Grant Amount:
- Total Funding: $2,046,501
Key Eligibility Requirements:
- Applicants: Smaller cities, counties, or tribal governments ineligible for direct federal EECBG allocations.
- Projects: Development plans for energy efficiency, energy audits, and public education programs.
- Priority: Jurisdictions with disadvantaged census tracts as per DOE’s CEJEST tool.
- Application Period: February 20, 2024 – April 1, 2024
Florida
Prospera small-business grants
Since 1991, Prospera has been supporting Hispanic entrepreneurs in Florida as they establish new businesses. This nonprofit organization is dedicated to economic development and collaborates with both new and established Hispanic business owners to equip them with the necessary tools and resources for success.
Grant Amount:
Prospera offers grants that cover the full cost of professional services required to support business growth and development.
These grants fund essential services, including legal and accounting assessments, business plan development, QuickBooks consulting, marketing strategies, and brand kits.
The exact monetary value of the grant varies depending on the specific needs of each business, ensuring personalized and comprehensive support.
Key Eligibility Requirements:
- The business owner must identify as Hispanic.
- The business must be located in Florida.
- Both new and existing businesses are eligible for the grant.
- Small to medium-sized enterprises are preferred, although all applications will be considered.
- The applicant must demonstrate a clear need for the professional services covered by the grant.
- The business owner must show a commitment to leveraging the grant resources to enhance their business operations and growth.
- The business must comply with all local, state, and federal regulations.
BMO Celebrating Women Grant
The 2024 BMO Celebrating Women grant program supports women-owned businesses aiming for growth. This initiative offers $10,000 grants to selected applicants, with recipients to be announced in September 2024. BMO also provides enhanced access to capital, education, and partnerships for women entrepreneurs.
Grant Amount:
- $10,000 per grant
Key Eligibility Requirements:
- Applicants must be women-owned businesses.
- Businesses should have annual revenues of $10 million or less.
- Total combined credit exposure with BMO should not exceed $50,000.
- Ownership and control by women must be at least 51%.
- Physical business presence or mailing address for headquarters required in specified U.S. states.
- The application period is currently closed, with new applications potentially opening in future cycles.
City of Orlando Business Assistance Program
The Business Assistance Program (BAP) provides crucial support to new and expanding businesses in the city by offering matching funds. These funds are intended to alleviate financial burdens associated with development fees such as sewer and transportation impact fees, building permit fees, and costs related to the installation, repair, replacement, or relocation of public right-of-way infrastructure within the city’s jurisdiction.
Grant Amount:
- Provides matching funds covering 50% of development fees.
- Maximum grant amount is $20,000.
Key Eligibility Requirements:
- Businesses must be new or expanding within the City of Orlando.
- Eligible improvements include infrastructure for public right-of-way, such as street lighting, sidewalks, and EV charging stations.
North Miami Community Redevelopment Agency grants
The North Miami Community Redevelopment Agency (NMCRA) offers a variety of grants aimed at revitalizing the community through business and residential improvements.
Grant Amount:
- Grant amounts vary by program:
- Business Attraction & Expansion Grant: Up to $150,000
- Beautification and Enhancement Grant: Up to $25,000 (100% forgiveness after maintenance period)
- Rehabilitation Grant: Up to $100,000 (covers 50% of improvement costs)
- Capacity Building/Retention Grant: Up to $7,500
- NW 7th Ave Biz Boost Grant: Up to $5,000
- West Dixie Small Business Tech & Innovation Grant: Up to $7,500
Key Eligibility Requirements:
- Projects must be located within the NMCRA geographic boundary.
- Visible improvement to property or area is required.
- Projects must align with NMCRA Redevelopment Plan goals.
- Must demonstrate quantifiable benefits to the community.
- Specific guidelines apply for each grant; contact (305) 895-9839 for consultations and detailed application guidelines.
For specific grant guidelines and to begin your application process, visit the NMCRA website or call to schedule a consultation appointment.
FedEx Small Business Grant Contest
FedEx’s 12th annual Small Business Grants Program offers over $230,000 in cash and prizes to support ten U.S.-based small businesses. One grand prize winner will receive $50,000, and nine additional winners will each receive $20,000, along with other valuable prizes and services.
Grant Amount:
- Grand Prize: $50,000
- Additional Winners: $20,000 each
- $500 FedEx Office print credit
- $300 voucher from My FedEx Rewards
- Other perks
Key Eligibility Requirements:
- For-profit U.S.-based small businesses
- 1-99 employees
- Minimum of six months in operation selling a product or service
- Opened FedEx account prior to September 1, 2023
- Currently ship with FedEx
Final thoughts On State-by-State Real Estate Grants and Funding Options
There you have it, a state-by-state guide to U.S. real estate grants in 2024.
These grants can provide valuable funding for a wide range of real estate projects, from affordable housing to historic preservation. If you are planning a real estate project, be sure to research the available grants in your state. With a little effort, you may be able to secure the funding you need to make your project a reality.
Remember, grant applications can be complex and time-consuming, so it’s important to start the process early. Also, be sure to consult with a financial advisor or accountant to make sure you understand the tax implications of receiving a grant.
With careful planning and preparation, you can increase your chances of securing a real estate grant and successfully completing your project.
