Grants through HUD
Community Development Block Grants (CDBG): Thornton receives Community Development Block Grant funds each year from the U.S. Department of Housing and Urban Development (HUD) to use for housing and community development programs or projects that benefit low and moderate income residents. Projects may be completed by the City or through partnerships with nonprofits and housing service providers. Thornton has been receiving these funds since 1986 and new CDBG projects are approved each year by City Council. Neighborhood Services accepts applications for this grant funding each year starting in January. Information on "Applying for CDBG" funds is located on the right side of the page.
Home Investment Partnership Program (HOME): This funding source supports homeownership and affordable housing programs or projects that serve low and moderate income individuals and families. HOME funds can be used to build, buy, and/or rehabilitate affordable housing or provide direct rental assistance to income eligible people. Nonprofit organizations and government agencies with potential projects are eligible to apply for the funding.
Thornton Assistance Funds
Since 1983, the City of Thornton has provided grant funds to assist nonprofit organizations that help Thornton residents meet their basic needs and enhance their ability to be self-sufficient. Basic needs are identified as food, housing, health and medical, or human services. Nonprofit organizations that help people move from relying on private or public assistance to providing for one's own needs is also eligible for funding. A committee of residents reviews the grant applications and makes a recommendation to City Council. To learn about the Thornton Assistance Funds, click on the "Grant Application Process" on the right hand side of the page. Information on completing a grant report or the duties of the grant review committee are also on the right hand side of this page.
Private Activity Bonds
Private Activity Bonds are tax exempt bonds designed to offer low cost financing for projects that create jobs and expand the City's tax base. Each year, Thornton has the option to assign a certain amount of Private Activity Bonds to private or nonprofit housing developers, nonprofit organizations or manufacturing companies for eligible activities. Private Activity Bonds are a widely accepted method for generating and leveraging capital in Colorado. Both the State of Colorado and the City of Thornton have Private Activity Bonds available. The City Council has approximately 6.4 million dollars in Private Activity Bonds that they can assign to a project or projects happening in Thornton. Please contact Neighborhood Services at 303-538-7600 if you are interested in these bonds. Neighborhood Services accepts letter of interest for the City's Private Activity Bond allocation from March 1 each year through the first week in June.