Kent HOME Affordable Housing Development Program

2026-11-03

The Kent HOME Consortium : consisting of Kent County and the City of Wyoming , operating through Kent County ’ s Community Action Department , is seeking project proposals from eligible non - profit developers to newly construct or rehabilitate existing single - family homes . The Non - profit developer ( s ) is to manage all project permitting and engineering components , procurement of contractors , oversight of construction activities , marketing , homebuyer application review , and eventual sale to an eligible household . Kent County will use federal Housing and Urban Development HOME grant funds to provide up to $ 150 , 000 in development assistance per home on a monthly cost reimbursement basis . The nonprofit developer ( s ) is responsible for securing a 25 % Match of the requested HOME amount and for financing the remainder of the development cost through other sources . Other source funds ( 3rd Party Development Funding ) can be repaid through eventual sale to a household meeting HUD ’ s HOME Program homebuyer guideline . Respondents proposing projects that can be sold to an eligible household at or below 80 % of the area median single - family home purchase price are preferred and will be afforded higher consideration . Through this RFP the Kent HOME Consortium intends to enter into 10 separate single - family development agreements by providing up to $ 1 . 5 million of HOME funding .

MITN

2026-05-14