This grant offers up to $10 million to support a National Fund Manager (NFM) who will create and manage a fund to reduce lead exposure and improve housing health in low-income communities. The NFM will use the funds to attract private investments and provide financial support to local programs that make homes safer from lead and other hazards.
Who it's for: This grant is for organizations that can act as a National Fund Manager, specifically nonprofits with 501(c)(3) status and other Native American tribal organizations. The selected NFM will work with state, regional, and local governments and nonprofits to finance lead-safe and healthy homes projects.
More details
Likely Disqualifiers
- Not being a nonprofit with 501(c)(3) status or a Native American tribal organization
- Inability to manage a national fund
- Lack of experience in leveraging public and private capital
- Failure to comply with federal, state, and local requirements
- Inadequate capacity to provide technical assistance and oversee compliance
What You May Need
- Proof of 501(c)(3) status or tribal organization documentation
- Experience in managing large-scale funds
- Plan for leveraging private capital
- Technical assistance strategy
- Compliance and quality assurance processes
- Partnership agreements with local governments and nonprofits
- Budget for administrative and program activities
- List of qualified contractors and laboratories
- Detailed project proposal
- Performance and compliance monitoring plan
Cautions
- Strict eligibility criteria for applicants
- Requirement to leverage private capital
- Need for compliance with multiple levels of regulations
- Limited administrative budget
- Oversight and reporting obligations
Generated from official source details for readability
Eligibility
Eligible Applicant Types
Additional Criteria
Eligible applicants include nonprofits with 501(c)(3) status and other Native American tribal organizations. These entities must be capable of acting as a National Fund Manager to design and manage a fund that supports lead-safe and healthy homes activities. The NFM must leverage public funds to attract private capital and work with state, regional, and local governments and nonprofits to implement projects.
Overview
This grant is for organizations that can act as a National Fund Manager, specifically nonprofits with 501(c)(3) status and other Native American tribal organizations. The selected NFM will work with state, regional, and local governments and nonprofits to finance lead-safe and healthy homes projects.
Likely Disqualifiers
- Not being a nonprofit with 501(c)(3) status or a Native American tribal organization
- Inability to manage a national fund
- Lack of experience in leveraging public and private capital
- Failure to comply with federal, state, and local requirements
- Inadequate capacity to provide technical assistance and oversee compliance
Use of Funds
The funds can be used to attract private investments, provide loans, grants, and other financial products to support lead-safe and healthy homes activities. Up to $1 million can be used for administrative activities, with the rest going to state, regional, and local governments and nonprofits for project implementation.
Total Program Funding
$10,000,000
Expected Awards
1
Cost Sharing
Not Required
Important Dates
- Posted
- Jun 3, 2026
- Deadline
- Aug 3, 2026(51 days)
- Est. Award Date (AI estimate)
- Fall 2026
Application Checklist
- Verify 501(c)(3) status or tribal organization eligibility
- Develop a comprehensive fund management plan
- Outline a strategy for attracting private capital
- Prepare a technical assistance and compliance plan
- Draft partnership agreements with local entities
- Create a detailed budget and project proposal
- Compile a list of qualified contractors and labs
- Establish performance and compliance monitoring systems
- Submit application by the deadline