Capital Fund High Risk/Receivership/Substandard/Troubled Program
Closed Posted
- Opportunity number
- FR-6800-N-81
- Applications due
- Award size
- $250,000 to $3,000,000
Opportunity facts
- Assistance listings
- Funding instrument
- Grant
- Category
-
- Housing
- Eligible applicants
-
- Public or Indian Housing Auth.
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The U.S. Department of Housing and Urban Development (HUD) is offering a federal grant opportunity for the Capital Fund High Risk/Receivership/Substandard/Troubled Program. This funding aims to provide up to $12.5 million to support the costs of administrative and judicial receiverships, and competitive grants to Public Housing Agencies (PHAs) that are in receivership, designated as troubled or substandard, or otherwise at high risk. Eligible activities include improving the physical condition of public housing and increasing occupancy/reducing long-term vacancies through capital investment and affirmative marketing. PHAs must submit one application for a single Asset Management Project (AMP) and demonstrate how the funding will improve that AMP's physical condition and management. HUD will evaluate applications based on factors such as PHA status, need of the AMP, soundness of the applicant's approach, and past performance. The application deadline is September 9, 2024.
HUD expects to make approximately 5 awards, with a minimum award of $250,000 and a maximum of $3 million per project period. The period of performance is 48 months. This program is authorized under the Consolidated Appropriations Act, 2024 and is assigned to the Lead-Based Paint Capital Fund Program (CFDA 14.888).
Synopsis
2 versions
Update #2 · Latest ·
This NOFO is re-opened to allow applicants additional time to submit applications, due to a HUD error in communicating the application due date. This modified NOFO updates the application due date only; no other changes were made to the NOFO since the previous publication in April 2024. Applicants who previously applied do not need to reapply. However, during this extended application period, applicants who previously applied may update their application and submit a new one. HUD only considers the most recently submitted applications for funding. - $12,500,000 shall be to support the costs of administrative and judicial receiverships and for competitive grants to PHAs in receivership, designated troubled or substandard, or otherwise at risk, as determined by the Secretary, for costs associated with public housing asset improvement, in addition to other amounts for that purpose provided under any heading under this title.
Update #1 ·
$12,500,000 shall be to support the costs of administrative and judicial receiverships and for competitive grants to PHAs in receivership, designated troubled or substandard, or otherwise at risk, as determined by the Secretary, for costs associated with public housing asset improvement, in addition to other amounts for that purpose provided under any heading under this title.
Files
| File | Type | Posted |
|---|---|---|
| FR-6800-N-81-Modified Due Date.pdf | ||
| 50075.1.pdf | ||
| At-Risk-PHAs-NOFO_FR-6800-N-81.pdf |
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