Deadline: 29-Jul-21
The U.S. Department of Housing and Urban Development (HUD) issues this Notice of Funding Opportunity (NOFO) to invite applications for Distressed Cities and Persistent Poverty Technical Assistance.
Purposes
- Through this NOFO, HUD is announcing the availability of at least two awards: up to $2.5 million in FY 2020 funding and up to $6.8 million in FY 2021 funding.
- They anticipate around three awards from each of these funding sources to provide technical assistance (TA) to units of general local government (UGLGs) and their non-profit partners serving communities experiencing long-term economic hardship.
- This includes distressed UGLGs and UGLGs experiencing persistent poverty, as defined under this NOFO.
- No less than $5 million from the FY 2021 funding will be available to assist UGLGs and their nonprofit partners serving communities experiencing persistent poverty.
Objectives
The objectives of the funds awarded through this NOFO include:
- Improve UGLGs’ understanding of relevant financial management principles and practices, including building internal capacity to develop policies and procedures that meet any program compliance requirements and the needs of the communities they serve.
- Improve UGLGs’ internal processes by helping them identify relevant local data, evaluate implementation of planning documents, build cross-sector partnerships, and establish equitable community engagement practices.
- Build UGLGs’ capacity to identify, implement, and monitor strategies or plans for economic revitalization or stabilization, including in neighborhoods experiencing persistent poverty.
- Improve UGLGs’ understanding of root causes of economic distress and/or persistent poverty, in specific neighborhoods or communities within the UGLG’s jurisdiction.
- Enhance UGLGs’ ability to identify, access, and leverage funding streams and other resources to add internal capacity (for example, additional staffing), or for financing and supporting community improvement projects in the areas of economic development, housing, or disaster recovery.
Focus Areas
- They expect TA efforts under this NOFO to focus on building financial management capacity, attracting private sector investment, establishing cross-sector partnerships, implementing recently adopted community plans (housing, economy, disaster, climate resiliency, or general) and developing frameworks for disaster resilience.
Funding Information
- Funding of approximately $ 9,300,000 is available through this NOFO
- The funds available through this NOFO are from the following sources:
- $2,500,000 made available under the Further Consolidated Appropriations Act, 2020
- $6,800,000 made available under the Consolidated Appropriations Act, 2021
- HUD expects to make approximately 6 awards from the funds available under this NOFO.
- The minimum number of awards will be 2 (at least one from each funding source). There is no maximum number of awards.
- Estimated Total Funding: $ 9,300,000
- Minimum Award Amount: $ 750,000 Per Project Period
- Maximum Award Amount: $ 6,800,000 Per Project Period
Eligibility Criteria
- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
- Small businesses
- For profit organizations other than Small businesses
- Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
- Private institutions of higher education
For more information, visit https://www.grants.gov/web/grants/view-opportunity.html?oppId=334221