HUD ANNOUNCES AVAILABILITY OF RURAL HOUSING AND ECONOMIC DEVELOPMENT PROGRAM FUNDS
The U.S. Department of Housing and Urban Development (HUD) in today's Federal Register published its notice of funding availability (NOFA) for the fiscal year (FY) 2008 Rural Housing and Economic Development Program. Because HUD is required by statute to competitively award RHED assistance by September 1, 2008, HUD decided to publish this NOFA separately and in advance of its FY 2008 Notice of Funding Availability for HUD's Discretionary Programs (SuperNOFA) in an effort to provide potential applicants additional time to prepare and submit their applications. The deadline for applications is May 30, 2008; applications submitted through www.grants.gov must be received and validated by Grants.gov no later than 11:59:59 (EDT) on May 30, 2008. HUD warns in today’s NOFA that the validation process may take up to 72 hours. Click here for more information.