Capital Fund At Risk/Receivership/Substandard/Troubled Program
The purpose of this funding is to provide Public Housing Authorities ("PHAs") in receivership, designated troubled or substandard, or otherwise at risk with funds for costs associated with public housing asset improvement. For this NOFO, risk shall mean "high risk" and asset improvement means capital improvements. Use of this funding is focused on improving public housing asset management project (AMP) performance in two core areas:
- Physical Condition: Improve the physical condition of public housing. Successful applicants must demonstrate a comprehensive strategy on how the funds will provide residents access to safe and decent public housing through improved public housing assets.
- Management: Increase occupancy and reduce long-term vacancies through capital investment.
Applicants may submit a maximum of one application with only one AMP, which may include multiple properties or scattered sites. The application will include a narrative that demonstrates how use of the funding at the identified AMP will improve the targeted AMP. To measure the effectiveness of funding, HUD will assess physical inspection scores and occupancy data at the designated AMP. Selected applicants will submit obligation (signed contracts) and expenditure documentation (e.g., invoices) to the local field office. The field office will review the documentation to ensure compliance with the conditions of the award and approve the payment requests in eLOCCS.
Funding of approximately $26,500,000 is available through this NOFO. Additional funds may become available for award under this NOFO, because of HUD's efforts to recapture funds, use carryover funds, or because of the availability of additional appropriated funds. Use of these funds is subject to statutory constraints. All awards are subject to the funding restrictions contained in this NOFO. If additional funds are available from recaptured grants, they may be re-allocated among awardees that were not funded at the maximum award amount, either initially or if later requested during the period of performance, or among awardees under a subsequent similar NOFO, if issued. Contingent upon the availability of FY 2022 appropriations, HUD reserves the right to award FY 2022 funds based on this single NOFO competition.
Preference Points: This program does not offer preference points.
Program Office: Public and Indian Housing
Funding Opportunity Title: Capital Fund At Risk/Receivership/Substandard/Troubled Program
Funding Opportunity Number: FR-6500-N-81
Primary CFDA Number: 14.888
Estimated Opening Date: May 9, 2022
Estimated Deadline Date: 07/11/2022
Agency Contacts: PIHPRT@hud.gov Persons with hearing or speech impairments may access this number via TTY by calling the toll free Federal Relay Service at 800-877-8339. Please note that HUD staff cannot assist applicants in preparing their applications.