HUD Offers $189 Million in Grants for Housing, Community Revitalization

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Tax Credit Advisor, October 2010: The U.S. Department of Housing and Urban Development is soliciting electronic applications under two separate programs for up to $189 million in competitive grants. Details of each Notice of Funding Availability (NOFA) are posted at http://portal.hud.gov/portal/page/portal/HUD/program_offices/administration/grants/fundsavail.

HOPE VI NOFA

Public housing authorities may submit applications through November 22 for roughly $124 million available under a funding round for the HOPE VI program. HUD expects to award five to six grants; the maximum grant size is $22 million.

Choice Neighborhoods

HUD is making roughly $65 million available under the new Choice Neighborhoods Initiative, which is designed to succeed and build on HOPE VI. Read More…