Opportunity Information: Apply for FR 5212 N 01
Apply for FR 5212 N 01
- The Department of Housing and Urban Development in the housing sector is offering a public funding opportunity titled "HOPE VI Main Strett Grants" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 14.878 Affordable Housing Development in Main Street Rejuvenation Projects.
- This funding opportunity was created on Jun 26, 2008 and posted on Jun 26, 2008.
- Applicants must submit their applications by Aug 15, 2008. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $4,000,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $1,000,000.00 in funding.
- The number of recipients for this funding is limited to 4 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- Eligible applicants include, and are limited to local governments, as defined in Section 102 of the Housing and Community Development Act of 1974.
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Opportunity Summary:
The HOPE VI Main Street Grants opportunity (Funding Opportunity Number FR 5212 N 01) is a discretionary grant program from the U.S. Department of Housing and Urban Development (HUD) aimed at helping small communities bring life back to historic or traditional downtowns and Main Street business districts. The core idea is straightforward: communities can use grant funds to convert vacant or underused commercial space in existing buildings into affordable housing units, with the broader goal of strengthening the local economy, increasing downtown foot traffic, and supporting long-term neighborhood stability. By focusing on reuse of existing structures in central business areas, the program ties affordable housing development directly to Main Street revitalization rather than pushing development outward.
This opportunity falls under the Housing activity category and is associated with CFDA number 14.878, titled "Affordable Housing Development in Main Street Rejuvenation Projects." The program anticipated making 4 awards nationwide, with an estimated total funding amount of $4,000,000. Each individual award was set at exactly $1,000,000, meaning both the award floor and award ceiling were $1,000,000. A cost sharing or matching requirement applied, so applicants needed to plan for local or partner contributions in addition to federal funds, which typically encourages stronger local commitment and leverages additional resources for the project.
Eligible applicants were primarily local governments, as defined in Section 102 of the Housing and Community Development Act of 1974. The eligibility section also indicates that additional eligible applicant types may exist, but the central emphasis is that the applicant must qualify as a local government under that statutory definition. Practically, this points to cities, towns, counties, or similar local public entities that can take responsibility for redevelopment planning, compliance, and project delivery in a downtown setting.
In terms of timing, the opportunity was posted and created on June 26, 2008, with an original and final closing date of August 15, 2008. The archive date was August 16, 2008, indicating it is no longer an active competition, but the details remain useful as a reference for how HUD structured this Main Street-focused HOPE VI funding round. Applicants were directed to obtain materials through the "Download Application Package" page, and HUD provided a program contact for access issues: Lawrence Gnessin.
Overall, HOPE VI Main Street Grants were designed to solve two problems at once in smaller communities: persistent vacancies or underused commercial spaces in traditional downtown buildings, and the need for affordable housing. By funding housing creation within existing Main Street structures, the program sought to preserve and reinvigorate community cores, support local businesses through increased residential presence, and encourage reinvestment in places that often define a town's identity.
HOPE VI Main Street Grants (FR 5212 N 01) - Frequently Asked Questions
What is the HOPE VI Main Street Grants opportunity?
The HOPE VI Main Street Grants opportunity (Funding Opportunity Number FR 5212 N 01) is a discretionary grant program from the U.S. Department of Housing and Urban Development (HUD). It was designed to help small communities bring life back to historic or traditional downtowns and Main Street business districts by creating affordable housing in existing downtown buildings.
What is the main purpose of this grant program?
The core purpose is to convert vacant or underused commercial space in existing buildings into affordable housing units. The program connects affordable housing development directly to Main Street revitalization, with the broader goals of strengthening the local economy, increasing downtown foot traffic, and supporting long-term neighborhood stability.
What kinds of projects does the program focus on?
The program focuses on reuse of existing structures in central business areas. Specifically, it supports projects that turn vacant or underused commercial space in existing downtown/Main Street buildings into affordable housing.
Which federal agency offered this funding?
The funding opportunity was offered by the U.S. Department of Housing and Urban Development (HUD).
Is this a discretionary or formula grant?
This was a discretionary grant program.
What activity category does this opportunity fall under?
The opportunity falls under the Housing activity category.
What is the CFDA number and title associated with this opportunity?
The opportunity is associated with CFDA number 14.878, titled "Affordable Housing Development in Main Street Rejuvenation Projects."
Who was eligible to apply?
Eligible applicants were primarily local governments, as defined in Section 102 of the Housing and Community Development Act of 1974. The eligibility description also indicates that additional eligible applicant types may exist, but the central emphasis is that the applicant must qualify as a local government under that statutory definition.
What types of entities are considered "local governments" for this program?
Based on the opportunity description, eligibility points to cities, towns, counties, or similar local public entities that can take responsibility for redevelopment planning, compliance, and project delivery in a downtown setting, consistent with the definition referenced in Section 102 of the Housing and Community Development Act of 1974.
How many awards were anticipated?
The program anticipated making 4 awards nationwide.
What was the total estimated funding amount?
The estimated total funding amount was $4,000,000.
How much was each individual award?
Each individual award was set at exactly $1,000,000.
What were the award floor and award ceiling?
Both the award floor and the award ceiling were $1,000,000, meaning awards were fixed at $1,000,000 per selected grantee.
Was there a cost sharing or matching requirement?
Yes. A cost sharing or matching requirement applied, so applicants needed to plan for local or partner contributions in addition to federal funds.
Why did the program include a cost share or match requirement?
As described, the cost sharing or matching requirement typically encourages stronger local commitment and leverages additional resources for the project beyond the federal award.
When was the opportunity posted?
The opportunity was posted (and created) on June 26, 2008.
What was the application deadline?
The original and final closing date was August 15, 2008.
Is this funding opportunity still active?
No. The archive date was August 16, 2008, which indicates it is no longer an active competition, though the details can still be used as a reference for how HUD structured this funding round.
Where were applicants directed to get the application materials?
Applicants were directed to obtain materials through the "Download Application Package" page.
Who was the contact person for application access issues?
HUD provided a program contact for access issues: Lawrence Gnessin.
What community problem(s) was this program designed to address?
The program was designed to address two issues in smaller communities at the same time: persistent vacancies or underused commercial spaces in traditional downtown buildings, and the need for affordable housing.
How does the program aim to support local economies and downtown businesses?
By placing affordable housing within existing Main Street structures, the program aimed to increase downtown residential presence, strengthen the local economy, increase foot traffic, and support local businesses as part of a broader downtown revitalization strategy.
Does the program prioritize new construction or reuse of existing buildings?
The program emphasizes reuse of existing buildings in central business areas by converting vacant or underused commercial space into affordable housing units.
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