Lead-Safe and Healthy Homes Financing Demonstration_LHC-2600-DC-0032_6.3.2026.pdf

z

LHC-2600-DC-0032

Applications are due by 11:59 PM Eastern Time on 08/03/2026.

Lead Hazard Control and Healthy Homes

U.S. Department of Housing and Urban Development

Lead-Safe and Healthy Homes Financing Demonstration

Table Of Contents LHC-2600-DC-0032 Page 2 of 52

I. BASIC INFORMATION

A. Summary

B. Agency Contact(s)

II. ELIGIBILITY

A. Eligible Applicants

B. Eligible Applications

C. Cost Sharing or Matching

III. PROGRAM DESCRIPTION

A. Purpose

B. Goals and Objectives

C. Authority

D. Unallowable Costs

E. Indirect Costs

F. Program History

G. Other Information

IV. APPLICATION CONTENTS AND FORMAT

A. Standard Forms, Assurances, and Certifications 20

B. Budget

C. Narratives and Other Attachments

D. Other Application Content

V. APPLICATION REVIEW INFORMATION

A. Threshold Review

B. Merit Review

C. Risk Review

D. Selection Process

E. Award Notices

VI. SUBMISSION REQUIREMENTS AND

DEADLINES

A. Deadlines

B. Submission Methods

C. Other Submission Information

D. False Statements

VII. POST-AWARD REQUIREMENTS AND

ADMINISTRATION

A. Administrative, National and Departmental Policy

Requirements, and General Terms and Conditions

B. Environmental Requirements

C. Remedies for Noncompliance

D. Reporting

VIII. CONTACT AND SUPPORT

A. Agency Contact

B. Grants.gov

C. SAM.gov

D. Debriefing

E. Applicant Experience Survey

F. Other Online Resources

APPENDIX

Appendix I. Definitions

TABLE OF CONTENTS

Before You Begin LHC-2600-DC-0032 Page 3 of 52

If you are a good candidate for this funding opportunity, register in the required systems and review the application materials. If you are already registered, confirm that your information is current and active.

SAM.gov Registration You must have an active and up-to-date account with SAM.gov, at the time of application and throughout the life of any award.

To register, go to SAM.gov Entity Registration and click Get Started. From the same page, you can also click the Entity Registration Checklist for the information you will need to register.

It can take several weeks to register in SAM.gov, so get started now if you are planning to apply. SAM.gov also provides each organization with a unique entity identifier (UEI). A valid UEI is required to apply for funding.

Grants.gov Registration You must have an active Grants.gov registration. This requires a Login.gov registration as well. See step-by-step instructions at the Grants.gov Quick Start Guide for Applicants. You must apply for funding using Grants.gov, unless HUD has approved your waiver request.

See Section VI.B. Submission Methods.

Find the Application Package Use the Grants Search at Grants.gov and search for opportunity number LHC-2600-DC-0032 . The application package has all the online forms you need to apply. You also need to access the Download Instructions link and review the content before you apply.

If you have other technical difficulties using Grants.gov, contact the Support Center on Grants.gov.

To get updates on changes to this notice of funding opportunity (NOFO), click Subscribe from the View Grant Opportunity page on Grants.gov.

Application Deadline Applications are due by 11:59 PM Eastern Time on 08/03/2026.

HUD Listserv To get email alerts about current and future funding opportunities, subscribe to HUD's Funding Opportunities listserv.

BEFORE YOU BEGIN

https://sam.gov/ https://sam.gov/content/entity-registration https://sam.gov/ https://sam.gov/ https://grants.gov/ https://login.gov https://www.grants.gov/quick-start-guide/applicants https://grants.gov/ https://grants.gov/ https://grants.gov/ https://grants.gov/ https://www.hud.gov/subscribe/signup?listname=HUD%20Funding%20Opportunities&list=HUD-FUNDING-OPPORTUNITIES-L https://www.hud.gov/subscribe/signup?listname=HUD%20Funding%20Opportunities&list=HUD-FUNDING-OPPORTUNITIES-L

I. Basic Information

II. Eligibility III. Program Description

IV. Application Contents and

Format

V. Application Review

Information

VI. Submission Requirements and

Deadlines

VII. Post-Award Requirements and

Administration

VIII. Contact and Support

Appendix

I. BASIC INFORMATION

I. Basic Information

A. Summary

B. Agency Contact(s)

II. Eligibility III. Program Description

IV. Application Contents and

Format

V. Application Review

Information

VI. Submission Requirements and

Deadlines

VII. Post-Award Requirements and

Administration

VIII. Contact and

I. Basic Information LHC-2600-DC-0032 Page 5 of 52

I. BASIC INFORMATION See Contact and Support section of this NOFO.

A. Summary Federal Agency Name:

United States Department of Housing and Urban Development (HUD) HUD Program Office:

Lead Hazard Control and Healthy Homes Announcement Type:

Initial Program Type:

Discretionary Paperwork Reduction Act Information:

2501-0044 Due Date for Intergovernmental Review:

See Section VI.C.1.

1. NOFO Summary This Notice of Funding Opportunity (NOFO) announces up to $10 million to support a National Fund Manager (NFM) to design and manage a Lead-Safe and Healthy Homes Financing Demonstration (the Fund). The Fund will be a national platform to pool public and private capital to accelerate the reduction of residential lead exposure, particularly childhood

Key Facts Opportunity Name:

Lead-Safe and Healthy Homes Financing Demonstration Opportunity Number:

LHC-2600-DC-0032

Federal Assistance Listing(s):

14.922

Key Dates Application Due Date:

11:59:59 PM Eastern Time on:

08/03/2026 Anticipated Award Date:

09/14/2026 Estimated Performance Period Start Date:

11/02/2026 Estimated Performance Period End Date:

05/01/2030

II. Eligibility III. Program Description

IV. Application Contents and

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V. Application Review

Information

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I. Basic Information LHC-2600-DC-0032 Page 6 of 52 lead poisoning, and improve housing-related health conditions in low-income communities ("lead-safe and healthy homes activities").

While HUD and EPA programs have addressed lead and other environmental hazards in many homes, progress remains slow relative to the scale of need. For example, since 1993, HUD has remediated lead hazards in over 230,000 low-income housing units, but tens of millions of U.S. households continue to face risk from lead and additional residential environmental stressors. Expanding access to private capital alongside public funding is critical to increasing the pace and scale of remediation.

Traditional home repair financing remains difficult to access due to strict underwriting, high denial rates, and lender risk concerns, leaving many older homes in disrepair. The Fund will build upon successful local models that combine public and private resources and expand this approach nationally by aggregating capital and supporting local financing programs.

The NFM will be responsible for leveraging the initial $10 million in public funds to raise private capital investments, structuring financing mechanisms, and providing technical assistance to support the Fund's operations. The NFM will also be responsible for the distribution of the funds through eligible activities by using no more than $1 million of the federal award for administrative activities, while deploying the remaining capital through loans, grants, and other financial products that flow to state, regional, and local governments and nonprofit organizations selected by the NFM. The NFM will select and enter into agreements with organizations, which will in turn provide financing for conducting lead-safe and healthy homes activities in homes of low-income homeowners and homes owned by small landlords, in low-income communities. HUD will maintain oversight through review of Fund structure, performance, and compliance rather than by participating in investment selection decisions.

The organizations selected for funding by the NFM will ensure that the financing conditions require use of appropriately qualified contractors, laboratories, and financial entities in accordance with applicable Federal, state, and local requirements and this NOFO. The NFM will establish and oversee compliance, reporting, and quality assurance processes to ensure that lead-safe and healthy homes activities are performed and financed in accordance with program requirements.

2. Funding Details Type of Funding Instrument CA (Cooperative Agreement)

Available Funds Funding of approximately $10,000,000 is available through this NOFO.

Additional funds may become available for award. Use of these funds is subject to statutory constraints. All awards are subject to the selection process contained in this NOFO.

Estimated Number of Awards 1 awards from available funding Length of Performance Period:

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I. Basic Information LHC-2600-DC-0032 Page 7 of 52

42-month project period and budget period Length of Periods Explanation:

N/A

B. Agency Contact(s) See Contact and Support section of this NOFO.

II. ELIGIBILITY

II. Eligibility

A. Eligible Applicants

B. Eligible Applications

C. Cost Sharing or Matching

II. Eligibility III. Program Description

IV. Application Contents and

Format

V. Application Review

Information

VI. Submission Requirements and

Deadlines

VII. Post-Award Requirements and

Administration

VIII. Contact and

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II. ELIGIBILITY

A. Eligible Applicants If your organization is not an eligible applicant, your application won't be reviewed or scored, and you won't receive funding from HUD.

1. Eligible Entity Types:

12 (Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education) 13 (Nonprofits without 501(c)(3) status with the IRS, other than institutions of higher education) Additional Information on Eligibility You cannot apply as an individual.

Faith-based organizations may apply just like any other organization. HUD does not have any policies or practices that unfairly target these institutions.

Additionally, applications may be submitted by a single eligible applicant or by multiple organizations applying as a consortium. Where an application is submitted as a consortium, an eligible entity must be designated as the lead applicant, which will serve as the primary recipient of the award and hold full responsibility for grant administration, compliance, reporting, and performance under the grant, but each member of the consortium must meet the Resolution of Civil Rights Matters threshold requirement of Section II.A.2.b.

2. Restrictions

a. Statutory and Regulatory Requirements You must meet the current General Statutory and Regulatory Eligibility Requirements. If you do not meet these requirements, your application won't be scored, and you won't receive funding from HUD. This is a threshold requirement for all HUD funding.

b. Resolution of Civil Rights Matters If you have any outstanding or unresolved judgments for violating civil rights laws, you must settle them before you apply. If you don't, settle the civil rights law violations before you apply, your application won't be scored, and you won't receive funding from HUD. This is a threshold requirement for all HUD funding.

B. Eligible Applications

1. An application from an eligible entity is considered for funding if it meets basic threshold requirements and passes merit review.

2. Your application must support the goals of this NOFO.

3. Awards made under this NOFO will not be used to conduct activities that subsidize or facilitate illegal racial preferences or other forms of illegal discrimination, including activities where race or intentional proxies for race will be used as a selection criterion for employment or program participation.

https://www.ecfr.gov/current/title-24/part-5/appendix-Appendix%20A%20to%20Subpart%20A%20of%20Part%205 https://www.federalregister.gov/documents/2025/02/12/2025-02611/eradicating-anti-christian-bias https://www.federalregister.gov/documents/2025/02/12/2025-02611/eradicating-anti-christian-bias https://www.hud.gov/sites/dfiles/OCHCO/documents/Eligibility-Requirements-Addendum-FY2025.pdf

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Additional Information on Eligibility Applicants are eligible under this NOFO if they demonstrate the knowledge, skills, and experience necessary to successfully design, capitalize, and manage a national program that supports low-income communities through financial assistance such as loans and grants.

This includes, but is not limited to, the following:

1. Experience serving as a fund administrator or manager, including designing, launching, and implementing mission-driven funds, particularly those focused on housing, community development, or public health outcomes, of a scale comparable to or larger than the scale of this Fund;

2. Knowledge and experience with home repair financing programs, with preference for experience related to lead hazard control, lead abatement, or healthy homes interventions;

3. A demonstrated history of lending or deploying capital in low-income communities;

4. Demonstrated financial strength, operational capacity, and institutional stability to manage a national financing platform; and

5. The ability to capitalize the Fund by attracting private and public investment, leveraging federal resources at a minimum ratio of 4:1 in private to HUD capital.

When organizations apply as a consortium, the lead applicant must independently demonstrate sufficient experience and capacity to carry out all core responsibilities of the NFM (see Section III.B, Goals and Objectives, for additional details). Any experience or qualifications contributed by members of the consortium may be considered; but this does not diminish or replace the lead applicant's sole accountability to HUD. Applicants must describe their relevant experience, organizational capacity, and each member of the consortium in their response to Rating Factor 1.

C. Cost Sharing or Matching This Program does not require cost sharing or matching.

https://www.ecfr.gov/current/title-2/part-200/section-200.1#p-200.1(Cost%20sharing%20or%20matching)

III. PROGRAM DESCRIPTION

III. Program Description

A. Purpose

B. Goals and Objectives

C. Authority

D. Unallowable Costs

E. Indirect Costs

F.

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III. PROGRAM DESCRIPTION

A. Purpose This NOFO announces the availability of up to $10 million in funds for a National Fund Manager (NFM) to design and manage a Lead-Safe and Healthy Homes Financing Demonstration (the Fund) with the goal of providing a national resource for pooling public and private sector capital to accelerate the reduction of sources of residential lead exposure and housing-related health conditions (i.e., conducting "lead-safe and healthy homes activities") in low-income communities. The Department believes that engaging private sector resources is an important element to accelerating efforts to address the critical public health issue of lead exposure and housing-related health conditions. The NFM selected through this NOFO will have a variety of roles and responsibilities to ensure the success of the Fund including, but not limited to, raising private capital, leveraging the initial $10 million in public funds to attract additional private investments, creating other financial assistance, and technical assistance.

The NFM will also be responsible for the distribution of the funds through eligible activities such as loans, grants, and other financial products that flow to state, regional, and local governments and nonprofit organizations selected by the NFM. The NFM will select and enter into agreements with these organizations, which will in turn provide financing for low-income homeowners and small landlords in low-income communities for eligible lead hazard reduction and healthy homes repairs, with HUD maintaining oversight through review of Fund structure, performance, and compliance rather than participating in investment selection decisions.

The organizations selected for funding by the NFM will ensure that the financing's loan terms and conditions (for example, repayment requirements, eligible activities payable using loan funds, contractor standards, and documentation requirements) require, for eligible lead-safe and healthy homes activities, use of appropriately qualified contractors, laboratories, and financial entities in accordance with applicable Federal, state, and local requirements and this NOFO. The NFM, in coordination with the participating organizations, will establish and oversee compliance, reporting, and quality assurance processes to ensure that lead hazard reduction and healthy homes interventions are performed in accordance with HUD's Lead Hazard Control and Healthy Homes program requirements.

While current HUD and U.S. Environmental Protection Agency (EPA) programs address lead paint in homes and lead in drinking water, respectively, these programs will take several decades to reach all the children at risk. For example, between 1993 and 2021, HUD has addressed lead-based paint hazards in over 230,000 low-income privately owned housing units, yet tens of millions of households in the U.S. contain risk from lead hazards and additional residential environmental stressors. HUD's Healthy Homes program takes a comprehensive approach to addressing multiple childhood diseases and injuries in the home by focusing on housing-related hazards in a coordinated fashion, rather than addressing a single hazard at a time, however, like existing lead hazard reduction efforts, it has not been able to scale quickly enough to meet the full scope of need nationwide. Private sector capital remains a largely untapped resource for bringing needed resources to the problem of lead poisoning and related housing-based environmental health hazards. The Fund builds upon HUD's successful Lead Hazard Control and Healthy Homes programs to expand the

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Department's efforts to address a variety of high-priority environmental health and safety hazards.

Many of the homes most in need of renovation remain the hardest to finance, and homeowners and landlords seeking loans for renovation work face high denial rates and expensive loan terms. Financing home repairs is difficult because existing loan products are complex, expensive, and risky for both borrowers and lenders. Homeowners, especially those with lower incomes or older properties, face high denial rates, strict underwriting, and confusing contractor management requirements that many are not equipped to navigate.

Lenders, meanwhile, tend to avoid renovation loans to owners and landlords of housing for low-income families because they carry disproportionate liability if construction goes wrong, making these products unattractive to offer. As a result, the market has too few accessible, affordable renovation financing options, leaving many aging homes in disrepair and limiting opportunities for buyers who might otherwise invest in needed upgrades.

In response to these gaps, cities nationwide have begun experimenting with new ways to finance lead and healthy homes repairs through a combination of loans, grants and incentives. Loans combined with subsidies (grants, tax exemptions, tax forgiveness) are emerging as innovative models for financing single family home repair. These approaches demonstrate the growing use of blended public and private financing structures to support housing remediation and repair activities at the local level. While these approaches operate at the retail funding level within local markets, this Demonstration Fund is envisioned as a national fund (i.e., operating at the mezzanine funding level).

The Fund would be the first national program to pilot aggregating public and private funds to make homes lead-safe and healthy. The purpose of this pilot demonstration is to create a mechanism for raising and deploying capital to regional, state, and local investees so that they can create and expand their capacity to deliver funds for home repair activities to eligible program beneficiaries, including low-income homeowners and small landlords in low-income communities. HUD is particularly interested in a Fund that can address financing gaps for low-income families as data show that low-income, privately owned housing faces the twin crises of higher health and safety risks and fewer accessible financial products for addressing them.

B. Goals and Objectives The National Fund Manager Award and Program Goals, Objectives, and Measures Under this NOFO, HUD will select an applicant to serve as the National Fund Manager (NFM). The NFM will be responsible for assembling public and private capital and deploying those resources to state, regional, and local entities, that finance housing repairs. The program's target goal is to secure at least $50 million in initial capitalization, with the expectation that public funds will be leveraged at a minimum ratio of 4:1 with private capital.

Through the Fund, the NFM will be responsible for the following activities including, but not limited to, fund design and creation, fund capitalization, deal sourcing and origination, portfolio management, reporting, and investor relations (see Program-Specific Requirements for additional details).

Program Goals:

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1. Accelerate the elimination of residential lead hazards and other housing-related health and safety hazards to improve health outcomes for low-income families in privately owned homes in low-income communities.

2. Expand access to affordable financing for home repairs and healthy homes improvements for low-income families by leveraging public and private capital.

Objectives:

1. Establish a National Fund that aggregates public and private resources to support regional, state, and local financing initiatives.

2. Increase the pace and scale of lead hazard remediation and healthy homes interventions in low-income communities.

3. Promote blended financing models that reduce barriers for homeowners and small landlords.

Measures:

1. Total private capital raised and leverage ratio (target minimum: 4:1 private capital to HUD funding).

2. Number of homes made lead-safe or that had other housing-related health and safety hazards addressed through Fund-supported financing.

3. Geographic and demographic reach, prioritizing low-income communities that have had low rates of addressing lead-based paint hazards and other housing-related safety and health hazards in their homes.

4. Number and range of types of local, regional, or state partners supported by Fund capital.

Contribution of Award:

The NFM award will provide the necessary resources and oversight to design, capitalize, and manage the Fund as a demonstration pilot, enabling the deployment of capital at scale and testing the effectiveness of this model. The NFM will oversee the structuring and operation of the Fund, including the selection and oversight of participating entities that will deploy funds, rather than directly disbursing funds to firms (e.g., contractors, laboratories, etc.) or beneficiaries. By aggregating and directing public and private funds, the pilot will assess whether this approach can successfully accelerate lead hazard control, expand healthy homes interventions, and increase access to repair financing of affordable homes nationwide, consistent with HUD's goals.

C. Authority This program is authorized under sections 501 and 502 of the Housing and Urban Development Act of 1970 (12 U.S.C. §§ 1701z-1 and 1701z-2) and funding is provided by the Consolidated Appropriations Act, 2026 (Public Law 119-75, approved February 3, 2026).

D. Unallowable Costs Ineligible Costs and Activities. You may not use grant funds for any of the following activities:

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a. Purchase of real property.

b. Purchase or lease of equipment having a per-unit cost in excess of $10,000.

c. Chelation or other medical treatment costs, including case management, related to children with elevated blood lead levels (EBLLs).

d. Medical or other healthcare treatment of residents, whether or not associated with housing-related health and safety hazards.

e. Lead hazard evaluation or control activities in public housing, project-based Section 8 housing, housing for the elderly, housing for persons with disabilities, or any 0-bedroom dwelling or housing built after 1977. However, elderly, disabled or 0-bedroom dwellings are eligible for grant funds if a child who is less than six years of age resides or is expected to reside in such housing.

f. Complete or gut rehabilitation, demolition of housing units or detached buildings.

g. Lead hazard evaluation or control activities in housing covered by a pending or final HUD, EPA, and/or Department of Justice (DOJ) settlement agreement, consent decree, court order or other similar action regarding violation of the Lead Disclosure Rule (24 CFR part 35, Subpart A, or the equivalent 40 CFR part 745, subpart F), or by HUD or DOJ regarding the Lead Safe Housing Rule (24 CFR part 35, subparts B–R).

h. Activities that do not comply with the Coastal Barrier Resources Act (16 U.S.C. § 3501).

i. Lease or rental of office space for any activities supported through this NOFO, except as allowed only under the following conditions:

• The lease must be for existing facilities not requiring rehabilitation or construction except for minimal alterations to make the facilities accessible for a person with disabilities;

• No repairs or renovations of the property may be undertaken with funds from this NOFO; and

• Properties in the Coastal Barrier Resources System designated under the Coastal Barrier Resources Act (16 U.S.C. 3501) cannot be leased or rented with federal funds.

j. Lead-hazard control or rehabilitation of a building or manufactured home that is located in an area identified by the Federal Emergency Management Agency (FEMA) under the Flood Disaster Protection Act of 1973 (42 U.S.C. §§ 4001– 4128) as having special flood hazards unless: The community in which the area is situated is participating in the National Flood Insurance Program in accordance with the applicable regulations (44 CFR parts 59–79), or less than a year has passed since FEMA notification regarding these hazards; and where the community is participating in the National Flood Insurance Program, flood insurance on the property is obtained in accordance with section 102(a) of the Flood Disaster Protection Act (42 U.S.C. § 4012a(a)). The awardee is responsible for assuring that flood insurance is obtained and maintained for the appropriate amount and term.

E. Indirect Costs If you expect to charge indirect costs to the award, submit the Indirect Cost Information for Award Applicant/Recipient form (HUD-426) with your application.

F. Program History https://www.ecfr.gov/current/title-2/part-200/section-200.1#p-200.1(Indirect%20cost)

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This is a new program establishing the first National Fund to pool public and private capital for lead hazard remediation and healthy homes improvements in low-income communities. It builds on HUD's Lead Hazard Control and Healthy Homes programs and local financing models but introduces a national financing platform. All sections of this NOFO are new, and applicants should review Sections I–V for program requirements, responsibilities, and performance expectations.

G. Other Information Eligibility:

Program beneficiaries eligible for Fund-supported financing include low-income homeowners and low-income small landlords of privately owned housing. These beneficiaries will receive financing for lead hazard remediation and healthy homes improvements carried out in accordance with applicable program requirements, as follows. Please note that all lead hazard evaluation and control activities must be conducted in compliance with applicable Federal, state, and local laws and regulations, including HUD's Lead Safe Housing Rule (24 CFR Part 35, subparts B through R) and EPA's Renovation, Repair and Painting (RRP) Rule (40 CFR Part 745, subparts E and Q), and EPA's Lead Abatement Rule (40 CFR Part 745, subparts L and Q) as applicable. For mold assessment and remediation, use such professional guidance as the American Conference of Governmental Industrial Hygienists' Bioaerosols: Assessment and Control (second edition) and Bioaerosols Air Sampling Instrumentation, comparably protective protocols, or, for work in jurisdictions where the work is regulated by the jurisdiction, the protocols of the jurisdiction or methods compliant with those protocols that are at least as protective as they are. Such activities must be performed by appropriately certified firms, appropriately trained and certified personnel, appropriately qualified laboratories (e.g., National Lead Laboratory Accreditation Program, Environmental Microbiology Laboratory Accreditation Program, etc., as applicable) and, where required, include clearance examinations conducted by qualified professionals.

Capital deployed through the Fund will flow to state, regional, and local government and nonprofit entities that provide financing for lead hazard remediation and healthy homes improvements. All funded activities must meet established standards for quality, safety, and compliance, including adherence to relevant HUD regulations and guidance on lead hazard reduction, healthy homes interventions, such as regarding integrated pest management, moisture control, adequate ventilation, and other housing-related health and safety measures, as applicable.

Funding Restrictions:

• Grant Sizing and Use of Grant Funds:

o The maximum award amount for a National Lead-Safe and Healthy Homes

Financing Fund Demonstration Program award is $10,000,000.

o Of the total award, up to $1,000,000 may be used for administrative activities of the National Fund Manager (NFM), including fund design, management, compliance, reporting, and oversight functions, subject to HUD approval of the budget.

o The remaining funds must be used to capitalize the Fund and support eligible

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III. Program Description LHC-2600-DC-0032 Page 17 of 52 program activities, including the provision of loans, grants, credit enhancements, and other financial products that support lead hazard reduction and healthy homes improvements in eligible housing units.

• No-Profit Requirement:

o No applicant, sub-recipient, partner, or consortium member may earn a profit from funds awarded under this NOFO, but contractors and laboratories may earn a profit for lead and healthy homes activities conducted under this NOFO.

• Program Income:

o All program income, revenues, and returns generated through Fund activities must be used solely to support eligible program purposes, including financing, administration, compliance, or reinvestment into allowable program activities, consistent with HUD requirements. See the definition of program income at 2 CFR 200.1 "Program income", and the program income regulation, 2 CFR

200.307. This cooperative agreement will use the additional method of applying program income (2 CFR 200.307(b)(2)), in which, "Program income is added to the total allowable costs, increasing the overall total amount of the Federal award."

• Cost Control Standards:

o Cost estimates must represent reasonable expenditures for the direct and indirect costs of labor, travel, office space, staff training, materials, and supplies, and other expenses necessary to select sub-recipients and manage the sub-awards until the end of the performance period.

o The NFM and its subrecipients must follow the procurement standards in 2 CFR Part 200 Subpart D - Procurement Standards, specifically, in §§ 200.318 through 200.327.

• National Fund Manager (NFM) Administrative Costs:

o Administrative costs under this award are subject to a maximum of

$1,000,000 for the NFM over the period of performance, as approved by HUD. Administrative costs are the reasonable, necessary, allocable, and otherwise allowable costs of general management, oversight, and coordination of the grant (i.e., program administration). Such costs include, but are not necessarily limited to, expenditures for salaries, wages, fringe benefits, and related costs of the recipient's staff engaged in program administration that can be specifically identified with this grant. In charging costs to this category, the recipient may either include the entire salary, wages, and related costs allocable to the program of each person whose primary responsibilities with regard to the program involve program administration assignments, or the pro rata share of the salary, wages, and related costs of each person whose job includes any program administration activities. The recipient may use only one of these methods during the grant period. Program administration includes, but is not limited to, the following types of activities:

https://www.ecfr.gov/current/title-2/part-200#p-200.1(Program%20income) https://www.ecfr.gov/current/title-2/part-200#p-200.1(Program%20income) https://www.ecfr.gov/current/title-2/section-200.307 https://www.ecfr.gov/current/title-2/section-200.307 https://www.ecfr.gov/current/title-2/part-200#p-200.307(b)(2) https://www.ecfr.gov/current/title-2/part-200/subject-group-ECFR45ddd4419ad436d https://www.ecfr.gov/current/title-2/part-200/subject-group-ECFR45ddd4419ad436d https://www.ecfr.gov/current/title-2/section-200.318 https://www.ecfr.gov/current/title-2/section-200.327

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III. Program Description LHC-2600-DC-0032 Page 18 of 52

▪ Managing or supervising persons, subgrantees, and contractors whose primary responsibilities are within the program;

▪ Travel costs incurred for official business in general program administration that can be specifically identified with this grant program;

▪ Equipment, supplies (especially office supplies), and materials used for program administration that can be specifically identified with this grant program;

▪ HUD-required conferences, which include one OLHCHH New-Grantee Orientation and annual OLHCHH Program Managers School conferences, as well as HUD-approved training and conferences; and

▪ Certification and licensing costs as are required for program administration responsibilities.

o Applicants will submit a proposed budget to HUD with their application using form SF-424A, detailing the anticipated eligible administrative costs that the NFM will incur while completing program activities over the period of performance. The final amount of the NFM's grant award budget is subject to negotiation and approval by the Department. The NFM will submit vouchers for grant funds as program activities are completed.

• Grant Reduction or Recapture:

o If an application is selected for funding, and the recipient subsequently proposes to make significant changes compared to what was presented in their application, HUD reserves the right to amend the award and reduce the amount or terminate and recapture the award.

• Withdrawal of Grant Amounts:

o If the recipient does not proceed and chooses to withdrawal from their grant award, HUD reserves the right to recapture any funds under its award. HUD may award any recaptured funds to the next highest-ranked applicant eligible for funding, subject to statutory constraints.

IV. APPLICATION CONTENTS AND

FORMAT

IV. Application Contents and Forms

A. Standard Forms, Assurances, and Certifications

B. Budget

C. Narratives and Other Attachments

D. Other Application Content

II. Eligibility III. Program Description

IV. Application Contents and

Format

V. Application Review

Information

VI. Submission Requirements and

Deadlines

VII. Post-Award Requirements and

Administration

VIII. Contact and

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IV. APPLICATION CONTENTS AND FORMAT

Applications must include three main elements: a) standard forms, assurances, and certifications; b) budget; and c) narratives and other attachments. The content, forms, and format for each element are included in this section.

You may use this section as a checklist to ensure you submit a complete application.

If you don't provide the required documents in the correct format, your application is incomplete.

Do not submit password protected or encrypted files.

Each application should include the following items submitted as directed.

25 pages is the total maximum length of all narratives.

Double spaced 12-point Times New Roman font on letter sized paper (8 1/2 x 11 inches) with at least 1-inch margins on all sides.

Resumes for key personnel and Letters of Agreement or Memoranda of Understanding from consortium member organizations are not included in the maximum length of narratives and should be submitted in a separate file or files from the required narratives. Please note that one eligible entity must be designated as the lead applicant, which will have primary responsibility for grant administration, performance, compliance, and reporting for the duration of the award.

A. Standard Forms, Assurances, and Certifications You must properly complete and submit with your application the standard forms, assurances, and certifications identified below. You can find all forms in the application package or review them and their instructions at Grants.gov Forms. You can also read more about standard forms on HUD's Funding Opportunities page.

Forms/Assurances/ Certifications Submission Requirement Notes/Description

Application for Federal Assistance (SF-424) Required with the application

Page limit: Not applicable File name: SF-424

Element Submission Form

Standard Forms, Assurances, and Certifications Upload using each required form.

Budget Use the required budget form.

Narratives and Other Attachments Insert each in the Attachments form.

https://www.grants.gov/forms https://www.hud.gov/sites/dfiles/CFO/images/Standard-Application-Forms.pdf https://www.hud.gov/sites/dfiles/CFO/images/Standard-Application-Forms.pdf

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Forms/Assurances/ Certifications Submission Requirement Notes/Description

Applicant and Recipient Assurances and Certifications

(HUD 424-B)

Required with the application Page limit: Not applicable File name: HUD-424B

Applicant/Recipient Disclosure/Update Report

(HUD 2880)

If applicable, required with the application

Page limit: Not applicable File name: HUD-2880

Certification Regarding Lobbying

If applicable, required with the application

Page limit: Not applicable File name: Lobbying Certification form

Disclosure of Lobbying Activities (SF-LLL) Required with the application

Page limit: Not applicable File name: SF-LLL

Certification for a Drug-Free Workplace (HUD-50070) Required with the application

Page limit: Not applicable File name: HUD-50070

Assurances for Non- Construction Programs (SF- 424B)

If applicable, required with the application

Page limit: Not applicable File name: SF-424B

B. Budget You must submit a budget with your application to support your project narrative.

At a minimum, your budget must indicate direct and any indirect costs.

Budget Form/Document Submission Requirement Notes/Description

Budget Information for Non- Construction Programs (SF- 424A)

Required with the application Page limit: Not Applicable File name: SF-424A

Indirect Cost Information Certification (HUD-426)

If applicable, this document is required with the application and after award

Page limit: Not applicable File name: ICR Doc.

Form location: download instructions

See Appendix II

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C. Narratives and Other Attachments If applicable, you must upload narrative and other attachments in Grants.gov using the Attachments Form. When using the Attachments Form, you can upload PDF, Word or Excel formats.

Document Submission Requirement Notes/Description

Response to Rating Factors Required with the application See Section V.B

Code of Conduct If not included in HUD's eLibrary, this document is required with the application

Page limit: Not applicable File name: Code Acceptable Content

Abstract Required with the application Page limit: 2

Resumes Required with the application Page limit: Not applicable

Letters of Agreement/Memoranda of Understanding

Required with the application Page limit: Not applicable

Each application must include a two-page abstract (project summary). Note the abstract will not count toward the 25-page narrative limit. The abstract is not scored as part of the application evaluation but provides required documentation of threshold information and a clear overview of the proposed Lead-Safe and Healthy Homes Financing Fund.

The abstract must include:

1. A plain-language summary of the proposed national Lead-Safe and Healthy Homes Fund and the applicant's approach to serving as the National Fund Manager (NFM).

Applicants are encouraged to follow Federal plain language guidance (see https://www.plainlanguage.gov/guidelines/).

2. A brief description of the fund structure and strategy, including how public and private capital will be pooled and deployed.

3. A summary of the applicant's approach to raising private capital and leveraging public funds to meet or exceed the program's capitalization goals.

4. A description of the types of regional, state, and local investees the Fund intends to support (e.g., housing finance agencies, revolving loan funds, nonprofit intermediaries, or local financing initiatives).

5. A high-level overview of how the Fund will expand financing for lead hazard reduction and healthy homes repairs in low-income privately owned housing in low-income communities.

6. A description of how the applicant will monitor the implementation of the Fund to https://grants.gov https://www.hud.gov/hud-partners/grants-code-of-conduct https://www.hud.gov/hud-partners/grants-code-of-conduct https://www.hud.gov/program_offices/spm/gmomgmt/grantsinfo/conductgrants https://www.plainlanguage.gov/guidelines/

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IV. Application Contents and Format LHC-2600-DC-0032 Page 23 of 52 ensure that funds are raised and used appropriately with respect to the Fund's mission and federal (e.g., 2 CFR 200, subparts D, E, and F), state, and local financial security, management, tracking, and reporting requirements.

D. Other Application Content

1. Technical Application Errors HUD will contact you to fix a technical error with your timely application after the due date.

Technical errors, if corrected, do not affect (positive or negative) your merit rating under this NOFO. Examples of technical errors include, but are not limited to: inconsistencies in funding requests; a missing or incomplete form or certification; failure to submit an otherwise sufficient application under the correct Assistance Listings number or Funding Opportunity Number in Grants.gov; improper signature on a form or certification; and missing or inappropriate eligibility documentation.

HUD will send notice to the authorized organization representative to fix a technical error.

You must respond timely and appropriately to HUD's notice (see submission requirements).

Your application is not eligible for funding if you fail to fix the error to HUD's satisfaction by the due date in HUD's notice. HUD will not review information submitted after the due date in HUD's notice.

2. The successful applicant will receive an award letter from HUD notifying them of the Department's intent to make an award. Following this notification and prior to issuance of the formal grant agreement, HUD will enter into a negotiation and technical submission phase with the selected applicant. During this period, the applicant will be required to submit and/or finalize key materials, including a detailed budget (SF-424A) for administrative and program costs, proposed Fund structure and capitalization strategy, documentation demonstrating the ability to leverage private capital (target 4:1 private-to-HUD funds ratio), and any supporting information related to organizational capacity, consortium members, and compliance requirements.

HUD may also request clarifications, revisions, or additional documentation as needed to ensure alignment with program requirements. The final award amount, scope, and terms will be subject to HUD review and approval based on these submissions.

V. APPLICATION REVIEW

INFORMATION

V. Application Review Information

A. Threshold Review

B. Merit Review

C. Risk Review

D. Selection Process

E. Award Notices

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V. APPLICATION REVIEW INFORMATION

A. Threshold Review When you apply: Your application is reviewed to make sure it meets the threshold requirements of this NOFO. If your application has a technical error, HUD will allow you to correct it. If you fail to meet any of the threshold requirements, your application is not eligible for HUD funding. If you do meet the threshold requirements, your application moves to Merit Review (the next step).

1. Timely Application Submission Late applications are not evaluated and not eligible for funding. See deadlines in Section VI.

2. Complete Application If your application is timely, HUD will confirm completeness. Your application is considered for funding if it is complete and responsive to the requirements in this NOFO. If your application is incomplete, HUD will ask you to fix any technical errors. Otherwise, incomplete and nonresponsive applications are not considered for funding.

3. Eligible Applicant Upon receipt, HUD will confirm whether you are an eligible applicant. Applications from ineligible applicants do not proceed to merit review and are not eligible for HUD funding.

B. Merit Review If your application meets the threshold requirements, a panel will review and score its merits.

The panel may include HUD employees and non-employees. They will evaluate your application based on the following criteria. The results of the evaluation are shared with senior HUD officials who make the final decisions about funding consistent with this NOFO.

Merit Review Summary

Minimum Score. Applications scoring seventy-five (75) points or more will be eligible to receive an award.

1. Rating Factors Your application must include a response to the following criteria.

Rating Factors Details

Criterion Total number of points = 100 Rating Factor 1: Capacity of the Applicant and Relevant Organizational Experience 50 points

Rating Factor 2: Soundness of Approach 50 points Total 100 points

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Criterion Max point s =

Rating Factor 1: Capacity of the Applicant and Relevant Organizational Experience max points

Applicants must…