Fiscal Year 2024 Economic Development Initiative / Community Project Funding Grants
Overview: FY24 Community Project Funding (CPF)
The FY2024 Appropriations Act allocated approximately $3.3 billion for 2,407 congressionally directed grants.
Core Grant Requirements
Grantees must adhere to specific federal mandates to remain eligible for funding:
- Administrative Standards: All grants must follow 2 CFR Part 200 (Uniform Guidance) for audits, cost principles, and administrative requirements.
- Environmental Compliance: Projects are subject to NEPA and HUD regulations (24 CFR Part 50/58). You must complete an environmental review before obligating funds.
- BABA Update: HUD issued a Phased Implementation Waiver, so BABA applies differently depending on the fiscal year in which the CPF grant was awarded:
- FY22 and FY23 CPF grants: BABA does not apply.
- FY24 CPF grants: BABA applies to iron and steel materials only.
- Detailed explanations of definitions, available waivers, and compliance requirements are available in CPD Notice 25-01.
Support & Contacts
As of January 17, 2025, processing of CPF grants has transitioned to Community Planning and Development (CPD) Field Offices.
- Who to Contact: Reach out to your assigned CPD Field Office Representative or use the CPF Field Staff Contact List.
- Role Clarity: Refer to the HUD Roles Chart to ensure you are contacting the correct team member for technical vs. environmental questions.
| CPF Field Staff | Regional Environmental Officers |
|---|---|
| Community Project Funding (CPF) Portfolio Assignments (CPD Field Staff) and HUD Regional Environmental Staff Contacts List | |
| Primary contact for duration of award period | Provides technical assistance to grantees and their local government Responsible Entities in conducting environmental reviews under Part 58 |
| Overall grant administration | Coordinates Part 50 Concept Meetings to determine level of environmental review, consultation needs, and a timeline |
| Reviews Project Narrative and Project Budget for completion and verifies with intent of Congress | Reviews and analyzes Part 50 environmental review information provided by grantees |
| Initiates Grant Agreement and grant award process | Responsible for Part 50 environmental findings and determinations |
Resources
Please familiarize yourself with the CPF grant process by reviewing HUD’s resources:
Visit the Community Project Funding - HUD Exchange as your one-stop shop for training and technical assistance resources related to CPF grant implementation, including tools and access recordings from past trainings.
Content current as of July 13, 2026.