FY2023 HOPE VI Main Street Grant Program

Closed Posted

Opportunity number
FR-6700-N-03
Agency
Applications due
Award size
Up to $1,000,000

Opportunity facts

Funding instrument
Grant
Category
  • Housing
Eligible applicants
  • County Governments
  • Special District Governments
  • City/Township Governments
Full announcement

Opportunity details come from Grants.gov. Updated .

About this opportunity

The HOPE VI Main Street Program aims to provide grants to small communities for the renovation of historic or traditional central business districts by transforming unused commercial spaces into affordable housing units. The program's objectives include redeveloping central business districts, preserving historic properties, enhancing economic development, and providing affordable housing. The grant funds are to be used specifically for building new affordable housing or reconfiguring obsolete commercial spaces into affordable housing units, and cannot be used for general infrastructure or commercial development.

List of services and products to be provided:

  1. Renovation of historic or traditional central business districts.
  2. Replacement of unused commercial spaces with affordable housing units.
  3. Redevelopment of central business districts.
  4. Preservation of historic or traditional properties.
  5. Enhancement of economic development in Main Street areas.
  6. Provision of affordable housing in Main Street areas.
  7. Building of new affordable housing.
  8. Reconfiguration of obsolete or surplus commercial space into affordable housing units.

Synopsis

The purpose of the HOPE VI Main Street Program is to provide grants to small communities to assist in the renovation of an historic or traditional central business district, or "Main Street" area, by replacing unused, obsolete, commercial space in buildings with affordable housing units.The objectives of the program are to:Redevelop central business districts (Main Street areas);Preserve Historic or traditional Main Street area properties by replacing unused commercial space in buildings with affordable housing units;Enhance economic development efforts in Main Street areas; andProvide affordable housing in Main Street areas.Main Street grant funds can be used to build new affordable housing or reconfigure obsolete or surplus commercial space (or extremely substandard, vacant housing) into affordable housing units. The grant funds cannot be used on general infrastructure or commercial development. Main Street housing units must be affordable to the initial residents that occupy the Main Street housing project, as described in the Use Restrictions section of this NOFA. The funds in the NOFA must be used to assist Units of Local Government that have existing Main Street area rejuvenation projects and meet the population and public housing unit limits stated in the Eligibility section of this NOFA.

Files

File Type Posted
Foa_Content_of_FR-6700-N-03_Amendment-2.pdf PDF
Full Announcement_FR-6700-N-03.pdf PDF
Revised Design Best Practices.docx DOCX document
Optional Application Attachments Checklist.pdf PDF
HUD 50153.pdf PDF
HUD 52861.xlsx XLSX spreadsheet
HUD 52825-A.pdf PDF
Full Announcement_FR-6700-N-03.pdf PDF

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