The Housing Development Bureau assists the Department creating a robust housing market that meets the needs of residents across two offices:
- Housing Trust Fund Office
- Tax Abatement Office
This Bureau serves as the Department’s to manage and oversee the HOME Investment Partnerships Program, identify opportunities for uses of General Fund and other financial mechanisms to assist with gap financing, and direct the tax abatement program.
Programs
Housing Trust Fund
This program supports affordable housing development projects that serve low- and moderate-income households. Market-rate projects which contain affordable units are eligible and encouraged. A limited amount of the City’s HUD HOME funds will be allocated through an annual RFP, which describes project eligibility, application requirements and the format for submitting proposals. A limited amount of CDBG Funds may also be available for projects that include housing and would benefit from HUD’s CDBG regulatory requirements.
Tax Abatement
Implements and maintains the residential tax abatement program for the City of Cleveland. Accepts and processes application and approved tax abatements for eligible projects.