Rural Housing and Economic Development

Active

Assistance listing
14.250
Agency
Grant awards
924 $123,417,133 in federal obligations

Program facts

Assistance type
  • Project Grant
Treasury account
  • 86-0324-0-1-604
More information

Program details come from SAM.gov Assistance Listings. Updated . Grant award figures come from USAspending.gov.

About this program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development funds rural housing and economic development capacity building and innovative activities under CFDA 14.250, with the most recent grant award issued on May 7, 2026.

This program finances state and local capacity-building efforts and innovative housing and economic development projects in rural areas. Funded activities address rural housing affordability, homeownership support, rental property development, and community economic security. Recent awards include a $1.85 million grant and a $1.64 million grant, both obligated in May 2026 with nine-year performance periods, supporting rural housing and economic development initiatives across multiple states.

Grant activity has been episodic in recent years. The portfolio records 924 Project Grants totaling $123.4 million in federal obligations since 2003, with two awards issued in 2026, one in 2022, six in 2021, five in 2019, and six in 2018. The most recent award was disbursed approximately five months ago. HUD CPD administers the program exclusively across all awards in the portfolio.

All awards under this program are Project Grants. Award magnitudes typically range from $50,000 to $250,000, though recent awards have reached the $1.6 million to $1.85 million range. Recipients have included local rural nonprofits, community development corporations, and state housing finance agencies across Appalachian and rural regions, with geographic concentration in West Virginia, Ohio, Pennsylvania, and Kentucky.

Eligible applicants are local rural nonprofit organizations, community development corporations, Federally recognized Indian Tribes, State Housing Financing Agencies, and State Community and/or Economic Development Agencies. Grants support work for a period of 36 months. Competition is required; awards go to applicants achieving the highest scores on selecting factors outlined in the Notice of Funding Availability. Recipients must maintain records to facilitate audits of fund use, disposition of proceeds, costs from all sources, in-kind and cash contributions, and information on housing and facilities connected to funded activities.

The source does not report any currently open grant opportunities or posted deadlines.

Objective and description

Objective

To build capacity at the State and local level for rural housing and economic development and to support innovative housing and economic development activities in rural areas.

Description

Rural housing and economic development are intrinsically linked, with USDA Rural Development providing key loans, grants, and loan guarantees to boost housing affordability, infrastructure, and business growth in rural areas. These programs tackle high rates of cost-burdened households (3 in 10 rural households) by supporting homeownership, rental properties, and essential community facilities, ultimately driving economic security.

Eligibility

Applicant eligibility

Local rural nonprofit organizations, community development corporations, Federally recognized Indian Tribes, State Housing Financing Agencies and State Community and/or Economic Development Agencies.

Beneficiary eligibility

Local and rural communities.

Uses of assistance

Grants can be used to support innovative housing and economic development activities for this program. More specific information is provided in the Notice of Funding Availability (NOFA).

Length and time phasing of assistance

For a period of 36 months.

How to apply

Criteria for selecting proposals

Balancing the need for assistance with capacity of applicant to effectively use the assistance.

Award procedure

Competition is required for grants. Awards to applicants securing the highest scores in relation to the selecting factors outlined in the NOFA.

Deadlines

The NOFA will contain deadlines.

Time to approval or disapproval

September 1, 2009.

Grant awards

Latest 10 of 924 listed here. See the rest on GovTribe.

Top recipients by federal obligations

9 of 227 recipients listed here. See the rest on GovTribe.

Federal obligations by fiscal year

Fiscal year Federal obligations
FY2026 $2,016,886
FY2025 -$85,542
FY2024 -$2,201
FY2023 -$22,048
FY2022 $1,110,080
FY2021 -$676
FY2020 -$195,875
FY2019 $166,044
FY2018 $1,533,700
FY2017 $2,182,416
FY2016 $5,716,992
FY2015 $277,650
FY2014 $530,176
FY2013 -$1,437,721
FY2012 -$1,693,051
FY2011 $1,234,850
FY2010 $22,605,582
FY2009 $19,800,069
FY2008 $16,244,042
FY2007 $17,100,219
FY2006 $23,406,514
FY2005 $5,817,867
FY2004 $3,434,237
FY2003 $725,391
Show all 24

Quick answers

What is Assistance Listing 14.250?

Assistance Listing 14.250 is Rural Housing and Economic Development, a federal grant program run by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development).

What is the CFDA number for Rural Housing and Economic Development?

Its CFDA number is 14.250: Assistance Listing numbers were called CFDA numbers before 2018.

How much funding has Assistance Listing 14.250 awarded?

924 grant awards under 14.250 have obligated $123,417,133 in federal funds to 227 recipients.

Who receives the most funding from 14.250?

The recipients obligated the most under Rural Housing and Economic Development are WV Division Of Economic Development ($7,296,816), Ohio Department Of Development ($5,597,529) and Mississippi Development Authority ($2,825,955).

How much did 14.250 obligate in fiscal year 2025?

Grants under 14.250 obligated -$85,542 in federal funds in fiscal year 2025.

On GovTribe

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