The U.S. Department of Housing and Urban Development (HUD) issues this Notice of Funding Opportunity (NOFO) to invite applications from eligible applicants for the Capital Fund High Risk/ Receivership/ Substandard/ Troubled Program.
Donor Name: U.S. Department of Housing and Urban Development (HUD)
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 07/23/2024
Size of the Grant: $100,000 to $500,000
Grant Duration: 4 Years
Details:
The purpose of this funding opportunity is to provide funds for costs associated with public housing asset improvement to Public Housing Agencies (PHAs) that are either in receivership, designated troubled or substandard, or otherwise high risk. For this NOFO, asset improvement means capital improvements. Use of funding provided under this NOFO is focused on improving public housing asset management project (AMP) performance in two core areas:
- Physical Condition
- Improve the physical condition of public housing. Successful applicants must demonstrate a comprehensive strategy on how the funds will provide residents access to safe, accessible, and decent public housing through improved public housing assets.
- Management
- Increase occupancy and reduce long-term vacancies through capital investment and affirmative marketing.
Funding Information
- Funding of approximately $12,500,000
- Minimum Award Amount: $250,000
- Maximum Award Amount: $3,000,00
Project Period
- Estimated Project Start Date: 10/04/2024
- Estimated Project End Date: 10/04/2028
Eligibility Criteria
Public housing authorities/Indian housing authorities.
For more information, visit Grants.gov.