HOPE VI Main Street Grant Program

The summary for the HOPE VI Main Street Grant Program grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, 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 as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Department of Housing and Urban Development, which is the U.S. government agency offering this grant.
HOPE VI Main Street Grant Program: SUMMARY: The HOPE VI Main Street Program provides 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 obsolete building space property may be publicly or privately owned. Note, however, that the local government whose jurisdiction includes the Main Street area is the only entity that is eligible to receive an award. Applications from other entities, e.g., the private property owner, are not eligible for award.
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; and
Provide 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.
Federal Grant Title: HOPE VI Main Street Grant Program
Federal Agency Name: Department of Housing and Urban Development
Grant Categories: Housing
Type of Opportunity: Discretionary
Funding Opportunity Number: FR-6000-N-03
Type of Funding: Grant
CFDA Numbers: 14.878
CFDA Descriptions: Affordable Housing Development in Main Street Rejuvenation Projects
Current Application Deadline: Apr 12, 2016 Electronically submitted application
Original Application Deadline: Apr 12, 2016 Electronically submitted application
Posted Date: Feb 10, 2016
Creation Date: Feb 10, 2016
Archive Date: May 12, 2016
Total Program Funding: $500,000
Maximum Federal Grant Award: $500,000
Minimum Federal Grant Award: $0
Expected Number of Awards: 1
Cost Sharing or Matching: Yes
Applicants Eligible for this Grant
City or township governments
Special district governments
County governments
Additional Information on Eligibility
1. Eligible applicants under this NOFA are limited to Units of General Local Government, defined as any city, town, township, village, county, parish, or other general purpose political subdivision of a state, Guam, the Northern Mariana Islands, the Virgin Islands, American Samoa, the District of Columbia, and other United States Territories. It does not include Native American governments or Public Housing Authorities.
2. The above noted Local Government must:a. Have a population of 50,000 or less;b. Not be served by a local or county/parish Public Housing Agency (PHA) that administers more than 100 physical public housing units within the local government’s jurisdiction. Such units exclude Section 8 Housing Choice Voucher subsidized units.
3. Joint applications are not permitted. However, an applicant can enter into subaward agreements (or contracts) with nonprofit organizations and State or local governments. The applicant can also enter into contracts with for-profit entities. The Local Government grantee is subject to 2 CFR part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards when procuring supplies or services.
4. One Main Street Project Funded. The applicant can only apply for funding to support one Main Street Affordable Housing Project in one cohesive Main Street Area. The Project may include several buildings.
5. Thresholds Applicable to All Applicants. The applicant must meet all thresholds in order to be considered for rating, ranking and funding. Thresholds are located in Section III.D. of this NOFA. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.
Link to Full Grant Announcement
http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/grants/fundsavail
Grant Announcement Contact
Lawrence Gnessin [email protected]
Grants Policy

Department of Housing and Urban Development 202 708 0667
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