Community Investment Funding – City of Aurora

Aurora is accepting applications for community investment funding to help expand affordable housing options

The city’s Department of Housing and Community Services is accepting applications for funding from developers and service providers interested in creating and/or preserving affordable housing opportunities in Aurora through July 8. The application can be found at AuroraGov.org/CommunityDevelopment by clicking on the Community Investment Funding button.

Total funding opportunities include:

  • $1 million in HOME Investment Partnerships: to fund a wide range of activities, including the construction, purchase and/or rehabilitation of affordable housing to rent or own or provide direct rental assistance to low-income communities.
  • $300,000 in Community Development Block Grant (CDBG) funding: to provide decent housing, a decent living environment, and expanded economic opportunities for Aurora residents.
  • $2 million in American Rescue Plan Act (ARPA) funding: to assist individuals or households who are homeless, at risk of homelessness, and other vulnerable populations, by providing housing, rental assistance, support services and non-congregate shelters to reduce homelessness and increase housing stability in the city.

Funding opportunities align with the city’s housing priorities established in the adopted Aurora Housing Strategy and are guided by six policies informed by best practices and extensive community input.

Applications will be evaluated based on alignment with the City’s Housing Strategy policies and goals. Learn more about the Housing Strategy at AuroarGov.org/HousingStrategy.

Contact Alicia Montoya, Housing and Community Development Manager, with questions to [email protected].

Jill E. Washington