Rural Housing and Economic Development Program

The summary for the Rural Housing and Economic Development Program Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


	Federal Grant Title:	Rural Housing and Economic Development Program
	CFDA Number:	14.250
	CFDA Description:	Rural Housing and Economic Development
	Federal Agency Name:	Department of Housing and Urban Development
	Category of Funding Activity:	Housing Other
	Category Explanation:	Support for innovative housing and economic development activities in rural areas
	Opportunity Category:	Discretionary
	Funding Opportunity Number:	FR-5300-N-04
	Document Type:	Grants Notice
	Funding Instrument Type:	Grant
	Posted Date:	Apr 29, 2009
	Creation Date:	Apr 29, 2009
	Original Closing Date for Applications:	May 29, 2009
	Current Closing Date for Applications:	May 29, 2009
	Archive Date:	May 30, 2009
	Expected Number of Awards:	Information not provided
	Estimated Total Program Funding:	$26,000,000
	Federal Grant Award Ceiling:	Information not provided
	Federal Grant Award Floor:	Information not provided
	Cost Sharing or Matching Requirement:	No

Applicants Eligible for this Grant: Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility: Eligible Applicants. Eligible Category (1) and Category (2) applicants for the Rural Housing and Economic Development program are local rural nonprofit organizations, community development corporations, federally recognized Indian tribes, state housing finance agencies, and state community and/or economic development agencies. Also, you must meet all of the applicable eligibility requirements described in Section III.C of the General Section.
Grant Description: The purpose of the Rural Housing and Economic Development program is to provide support for innovative housing and economic development activities in rural areas. The funds made available under this program will be awarded competitively through a selection process conducted by HUD in accordance with the HUD Reform Act. Funding Award Amount. HUD will award up to approximately $26,000,000 on a competitive basis in the following categories: Category (1) Support for Innovative Housing and Economic Development Activities; Category (2) Economic Development and Entrepreneurship for Federally Recognized Indian Tribes; and Category (3) Technical Assistance to Increase Capacity through Training and Outreach Activities for Federally Recognized Indian Tribes. HUD will accept only one application from any given organization. (Note that if the organization is a federally recognized Indian tribe, it must specify in the abstract (see IV.B.1.b. Application Items), which funding category, (1) or (2) for which the tribe is applying. Category 1 Support for Innovative Housing and Economic Development Activities. HUD will award up to approximately $17 million to federally recognized Indian tribes, state housing finance agencies (HFAs), state community and/or economic development agencies, local rural nonprofit organizations, and community development corporations to support innovative housing and economic development activities in rural areas. The maximum amount awarded to a successful applicant will be $300,000. (See Section V for the Rating Factors for this category.) Category 2 Economic Development and Entrepreneurship for Federally Recognized Indian Tribes. HUD will award up to approximately $8 million to federally recognized Indian tribes to promote economic development and entrepreneurship through activities including the capitalization of revolving loan programs and business planning and development. The maximum amount awarded to successful applicant will be $300,000. (See Section V for the Rating Factors for this category.) Category 3 Technical Assistance to Increase Capacity through Training and Outreach Activities for Federally Recognized Indian Tribes. HUD will award up to approximately $1 million to a technical assistance provider to increase the capacity of Federally Recognized Indian tribes through training and outreach activities. (See Section VIII for the Rating Factors for this category.)
Link to Full Grant Announcement: http://www.hud.gov/rhed
Grant Announcement Contact: Community Planning and Development Specialist, telephone 202-708-2290 (this is not a toll-free number) or 1-877-787-2526 (this is a toll-free number)

No email address see Agency Contact Information [@hud.gov]
Similar Government Grants: • Rural Housing and Economic Development; • Rural Housing Economic Development; • Rural Housing and Economic Development (RHED)