The Department of Housing and Urban Development's mission is to increase homeownership, support community development and increase access to affordable housing free from discrimination. HUD fulfills this mission through high ethical standards, management and accountability, and by forming partnerships with community organizations.
|Recipient||Amount||Start Date||End Date|
|Mccormack Baron Salazar, Inc.||$ 30,500,000||   ||2011-09-15|
|Housing Authority Of New Orleans||$ 30,500,000||   ||2011-09-15|
|Boston Housing Authority||$ 30,000,000||   ||2016-12-12|
|Norfolk Redevelopment Housing Authority||$ 30,000,000||   ||2019-05-13|
|Phoenix, City Of||$ 30,000,000||   ||2018-07-18|
|Denver Housing Authority, Of The City And County Of||$ 30,000,000||   ||2016-12-12|
|Housing Authority Of The City Of Tulsa||$ 30,000,000||   ||2018-07-18|
|Housing Authority Of Baltimore City||$ 30,000,000||   ||2018-07-18|
|Newport News Redevelopment & Housing Authority||$ 30,000,000||   ||2019-05-13|
|Preservation Of Affordable Housing Inc.||$ 30,500,000||   ||2011-09-15|
Fiscal Year 2009: Not applicable, no funding available. Fiscal Year 2010: Choice Neighborhoods plans to award 2-3 grants that will help support affordable housing and community development. Fiscal Year 2011: Choice Neighborhoods plans to award 7-10 grants that will help support affordable housing and community development.
Uses and Use Restrictions
Choice Neighborhoods will fund competitive grants to transform neighborhoods of extreme poverty into sustainable mixed-income neighborhoods with well-functioning services, schools, public assets, transportation and access to jobs.
For Choice Neighborhoods Grants, Public Housing Agencies, local governments, non-profits, and for-profit developers that apply jointly with a public entity.
For Choice Neighborhoods Grants, the ultimate beneficiaries are residents of the severely distressed public and assisted housing and residents of the surrounding community these grants aim to transform.
Eligibility requirements to apply for Choice Neighborhoods are included in the Notice of Funding Availability (NOFA). OMB Circular No. A-87 applies to this program.
Aplication and Award Process
Preapplication coordination is required.
An environmental impact statement is required for this program.
This program is eligible for coverage under E.O.
12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review.
OMB Circular No. A-102 applies to this program. OMB Circular No. A-110 applies to this program.
HUD headquarters will coordinate reviews of each eligible application for threshold compliance, assigns rating points to applications that pass all thresholds, and the highest rated applications are notified that they have been selected to participate in the Choice Neighborhoods program.
Contact the headquarters or regional office, as appropriate, for application deadlines.
Consolidated Appropriations Act, 2010.
Range of Approval/Disapproval Time
From 90 to 120 days.
Applicants are notified by HUD if an application is not approved.
Formula and Matching Requirements
This program has no statutory formula.
Matching Requirements: Choice Neighborhoods will leverage funds from state, local or private sources as well as other HUD and Federal programs.
This program does not have MOE requirements.
Length and Time Phasing of Assistance
Each grant agreement will establish timetables and milestones. Method of awarding/releasing assistance: lump sum.
Post Assistance Requirements
No reports are required.
No audits are required for this program.
Grantees are required to maintain copies of budgets and other cost records through the grant period to indicate compliance with the Grant Agreement.
86-0218-0-1-604 - The above account is for FY 10; 86-0349-0-1-604 - The above account is for FY 11.
(Project Grants) FY 09 $0; FY 10 est $65,000,000; FY 11 est $247,500,000
Range and Average of Financial Assistance
No grant awards have been made to date, therefore a range is not available at this time. Grant awards are expected to average between $25-$35m/grant.
Regulations, Guidelines, and Literature
Regional or Local Office
Caroline Clayton, 451 7th Street S.W. Room 4130, Washington , District of Columbia 20410 Email: email@example.com Phone: (202) 402-5461.
Criteria for Selecting Proposals
Textbooks for Change, a London-based social enterprise that has obtained the B Corporation seal for positive social and environmental impact, is seeking investors that would be helping the company expand.