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Main Street Grants Notice of Funding Availability


	Information by State Print version

What's New

	Most Recent NOFA
	Development Proposal Guidance (MS-Word, 89KB)

Jump to...

	Overview
	HOPE VI Main Street Grants Notice of Funding Availability
	Main Street Program Summaries
	General Guidance
	Financial Guidance
	Relevant Statutes, Regulations and Notices

Overview

Main Street area revitalization efforts seek to rejuvenate older, downtown business districts while retaining the area's traditional and Historic character. The purpose of the HOPE VI Main Street Program is to provide assistance to smaller communities in the development of affordable housing that is undertaken in connection with a Main Street revitalization effort. Obsolete commercial offices or buildings can be reconfigured into rent producing affordable housing.

In December, 2003, the American Dream Downpayment Act became law. This Act amended the statute that controls the HOPE VI program. Part of the Act set aside a portion of all future HOPE VI funds for grants to small communities that have Main Street rejuvenation projects. The Act limited the size of communities that are eligible for these grants to a population of 50,000, and 100 or less physical public housing units. Section 8 Housing Choice Vouchers do not affect the number of public housing units.

HOPE VI Main Street Grants Notice of Funding Availability

HUD has published the FY2008 HOPE VI Main Street NOFA. Approximately $4,000,000 will be awarded through the NOFA. The award date will be near the end of the federal fiscal year, September 30, 2008.

As in the past, only Units of General Local Government are eligible to submit an application. The funds in the NOFA must be used to assist Units of Local Government that have existing Main Street area revitalization projects and have the population and public housing unit limits stated in the above section. These funds are to be used to develop initially affordable housing in the Main Street redevelopment area.

As in the past, only Units of Local Government are eligible to submit an application. The funds in the NOFA must be used to assist small Units of Local Government that have existing Main Street area revitalization projects. These funds are to be used to develop initially affordable housing in the Main Street redevelopment area.

Applications will have to be submitted electronically to Grants.gov, and applicants must register or renew their registration before the application deadline. Registration may take up to three weeks. Detailed registration instructions can also be obtained at HUD's Grants website.

Note that the NOFA will include, by reference, the General Section of HUD's FY 2008 SuperNOFA. The General Section can be obtained at HUD's Grant Funds Available website. There are some very important requirements in the General Section that, if not addressed in the application, may cause the application to be rejected without being rated or ranked. The applicants must read the General Section clauses along with the Main Street NOFA. If this Main Street NOFA and the General Section contain conflicting information, this Main Street NOFA prevails.

Also, a few weeks after publication in the Federal Register, there are often changes and corrections to NOFAs. You should check this website often to see if changes have been published. Throughout the period before the submission deadline date, this site will also post Frequently Asked Questions (FAQ) that clarify specific parts of the NOFA. This Main Street NOFA will state, "The published Federal Register document is the official document that HUD uses to evaluate applications. Therefore, if there is a discrepancy between any materials published by HUD in its Federal Register publications and other information provided in paper copy, electronic copy, at any HUD website or at www.grants.gov, the Federal Register publication prevails. Please be sure to review the application submission against the requirements in the Federal Register file of this NOFA." The NOFA, and related forms and guidance, will be available through links at www.grants.gov and through links on this website.

Main Street Program Summaries

	Overview of Main Street Statute (MS-PowerPoint, 79 KB)
	For Presentation to Property Owners and Possible Applicant Team Members (MS-PowerPoint, 78 KB)

Most Recent NOFA

FY-2008 HOPE VI Main Street NOFA

General Guidance

	HOPE VI Main Street Development Proposal (MS-Word, 89 KB)
	Mixed-Finance Responsibility Checklist
	Form HUD-52861 (MS-Excel)

Financial Guidance

Budget Guidance

	HOPE VI Budget Guidance
	Guidebook 7510.1: Public and Indian Housing Low-Rent Technical Accounting Guide
	HOPE VI Budget, Form HUD-52825-A (MS-Excel)
	Excel Workbook to Complete HOPE VI Budget (MS-Excel)

Cost Guidelines

TDC Rule (under 24 CFR 941) - Public Housing Total Development Cost Final Rule
HOPE VI TDC Policy
Total Development Costs - Notice 2007-19
TDC Limits
Cost Control and Safe Harbor Standards
OMB Circular A - 87 - Cost Principles for State, Local and Indian Tribal Governments

Financial Instructions

Grantee Financial Instructions
FY 2002 HOPE VI Neighborhood Networks Addendum to the HOPE VI Grantee Financial Instructions (MS-Word, 1 page)
Form HUD-27054: LOCCS Voice Response System Access Authorization
Direct Deposit Sign-up Form (SF -1199 A)
LOCCS/VRS HOPE VI Program Payment Voucher (HUD - 50080 - URP)

Relevant Statutes, Regulations and Notices

	The American Dream Downpayment Act
	Section 24 of the US Housing Act of 1937, as amended
	Section 504 Accessibility Notice PIH 2006-13 (HA)
	Section 106 Regulations, "Protection of Historic Properties"
	24 CFR 903.7, Examples of Public Housing Tenant Rights
	24 CFR Part 50, HUD Environmental Requirements
	Notice PIH 2006-22 (HA), Public Housing Development Cost Limits
	OMB Circular A-87

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