Opportunity Information: Apply for FR 5200 N 04

  • The Department of Housing and Urban Development in the housing sector is offering a public funding opportunity titled "Rural Housing and Economic Development" and is now available to receive applicants.
  • This funding opportunity was created on Apr 28, 2008 and posted on Apr 28, 2008.
  • Applicants must submit their applications by May 30, 2008. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
  • Each selected applicant is eligible to receive up to $17,000,000.00 in funding.
  • Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
  • Eligible Applicants are local rural nonprofit organizations, community development corporations, federally recognized Indian tribes, state housing finance agencies and state community and/or economic development agencies. Individuals are NOT eligible to apply for this funding opportunity.
Apply for FR 5200 N 04

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Opportunity Summary:

The Rural Housing and Economic Development (RHED) grant opportunity (Funding Opportunity Number FR 5200 N 04) was a discretionary grant program offered by the U.S. Department of Housing and Urban Development (HUD) to stimulate innovative housing and economic development efforts in rural communities. The central aim of the program was to help rural areas address housing needs while also supporting activities that strengthen local economies, reflecting HUDs broader focus on community development and housing stability. Awards under this program were made through a competitive process, and HUD indicated that selection would be carried out in accordance with the HUD Reform Act, which generally emphasizes transparency, integrity, and fairness in how federal funding decisions are made.

This opportunity was specifically targeted to organizational and governmental applicants that are positioned to carry out community-level projects in rural settings. Eligible applicants included local rural nonprofit organizations, community development corporations, federally recognized Indian tribes, state housing finance agencies, and state community and/or economic development agencies. A key restriction is that individuals were explicitly not eligible to apply, meaning the program was designed for entities with formal capacity, governance structures, and accountability mechanisms rather than for personal or household-level assistance applications.

From a funding standpoint, RHED offered relatively large-scale grant support compared with many local programs. The published award ceiling was $17,000,000, with an award floor of $300,000, signaling that HUD expected proposals to be substantial enough to have measurable community impact and that very small projects would not be a fit for this competition. The program did not require cost sharing or matching funds, which can reduce barriers for rural organizations that may have limited access to local philanthropic dollars or other non-federal resources, although applicants would still typically need to demonstrate feasibility, leveraging, and implementation capacity in a competitive HUD process.

Key administrative details show that the notice was posted and created on April 28, 2008, with an original and final closing date of May 30, 2008, and it was archived on May 31, 2008. The funding instrument type was a grant, and the funding activity category was housing. HUD provided an application package via an official download link and listed points of contact for assistance, including Linda Streets, Monica Wallace, Nikki Bowser, or James Hedrick at 202-708-2290 for applicants who had trouble accessing the full announcement electronically.

Rural Housing and Economic Development (RHED) Grant (FR 5200 N 04) - FAQs

What is the RHED grant opportunity (Funding Opportunity Number FR 5200 N 04)?

The Rural Housing and Economic Development (RHED) grant opportunity (Funding Opportunity Number FR 5200 N 04) was a discretionary grant program offered by the U.S. Department of Housing and Urban Development (HUD). It was designed to stimulate innovative housing and economic development efforts in rural communities through competitively awarded grant funding.

What was the main purpose of the RHED program?

The central aim was to help rural areas address housing needs while also supporting activities that strengthen local economies. The program reflected HUDs broader focus on community development and housing stability by encouraging proposals that connect housing outcomes with economic development impacts in rural settings.

Who administered the RHED program?

The program was offered by the U.S. Department of Housing and Urban Development (HUD).

Was RHED a competitive grant program?

Yes. Awards were made through a competitive process. HUD also indicated that selection would be carried out in accordance with the HUD Reform Act, which generally emphasizes transparency, integrity, and fairness in federal funding decisions.

What types of applicants were eligible to apply?

The opportunity was targeted to organizational and governmental applicants positioned to carry out community-level projects in rural settings. Eligible applicants included:

  • Local rural nonprofit organizations
  • Community development corporations
  • Federally recognized Indian tribes
  • State housing finance agencies
  • State community and/or economic development agencies

Were individuals eligible to apply?

No. Individuals were explicitly not eligible to apply. The program was designed for entities with formal capacity, governance structures, and accountability mechanisms, rather than for personal or household-level assistance applications.

What was the funding instrument type for this opportunity?

The funding instrument type was a grant.

What was the funding activity category?

The funding activity category for this opportunity was housing.

How much funding could an applicant request?

The published award floor was $300,000 and the award ceiling was $17,000,000. This range signaled that HUD expected proposals to be substantial enough to have measurable community impact, and that very small projects would not be a fit for this competition.

Was there a minimum award amount?

Yes. The award floor was $300,000.

Was there a maximum award amount?

Yes. The award ceiling was $17,000,000.

Did the RHED grant require cost sharing or matching funds?

No. The program did not require cost sharing or matching funds. This can reduce barriers for rural organizations that may have limited access to local philanthropic dollars or other non-federal resources.

Even without a match requirement, did applicants need to show project feasibility and capacity?

Yes. While cost sharing or matching funds were not required, the opportunity was competitive and applicants would typically need to demonstrate feasibility, leveraging, and implementation capacity as part of a competitive HUD process.

When was the RHED opportunity posted?

The notice was posted and created on April 28, 2008.

What was the application deadline?

The original closing date was May 30, 2008, and the final closing date was also May 30, 2008.

When was this opportunity archived?

The opportunity was archived on May 31, 2008.

How could applicants access the application package?

HUD provided an application package via an official download link referenced in the opportunity materials.

Who could applicants contact for help accessing the full announcement electronically?

Applicants who had trouble accessing the full announcement electronically could contact the listed points of contact: Linda Streets, Monica Wallace, Nikki Bowser, or James Hedrick at 202-708-2290.

What kinds of projects was RHED meant to support?

Based on the program description, RHED was intended to support innovative housing and economic development efforts in rural communities, with the goal of addressing housing needs while strengthening local economies.

What does it mean that awards were made in accordance with the HUD Reform Act?

HUD indicated that selection would be carried out in accordance with the HUD Reform Act, which generally emphasizes transparency, integrity, and fairness in how federal funding decisions are made.

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