Akron Housing Acquisition and Rehabilitation Program

The City of Akron will work with non-profits to invest in affordable housing projects that promote long term housing stability, and to identify projects that will create a diverse range of affordable rental and rent-to-own opportunities for low- and moderate-income households.

Download the Notice of Funding Opportunity

Creating More Affordable Housing in Akron

The City of Akron will invest $3,500,000 in eligible affordable housing by providing grants to Akron’s Nonprofit community for acquisition and rehabilitation of existing structures. All applications will be accepted through October 31, 2022, an online application will launch on October 7, 2022. 

Apply Here

Program Overview

The purpose of this program is to partner with local nonprofits to proactively address the negative economic impacts that the pandemic has had on neighborhoods and communities. The City of Akron will work with non-profits to invest in affordable housing projects that promote long term housing stability, and to identify projects that will create a diverse range of affordable rental and rent-to-own opportunities for low- and moderate-income households. By deploying federal American Rescue Plan funding to support investments, the City aims to foster the environment necessary to retain and rehabilitate quality, safe affordable housing for Akron residents and neighborhoods. 

Funds Available 

The City of Akron set aside $3,500,000 in American Rescue Plan Act (ARPA) funds to address housing disparities. All awards will be structured as grants with performance milestones and reporting requirements. The award(s) may be granted to one or more applicants. 

Project Timeline

Eligible Applicants

Eligible Costs

"Eligible Costs” are at least one, or any combination, of the following expenditures: 

Project Considerations

The most competitive project submission will clearly address the impacts of the COVID-19 pandemic by responding to the criteria below: 

Specific Project Categories 

All projects must be responsive to the negative public health and/or economic impacts of the COVID-19 pandemic and must fit within and provide reporting for one expenditure category. Applicants will be asked to identify the project/program category from the list below that is most applicable to what they are proposing: 

Informational Session

The City of Akron will hold an informational session to help guide nonprofit applicants through the program overview and application process. This virtual session will take place on October 14th, 2022 at 1:30PM. Click the button below to sign up.

Sign Up