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HUD Announces NOFA - Approximately $110 million in 2005 funds

Thursday, March 31, 2005 - 7:45AM

The U.S. Department of Housing and Urban Development (HUD) today published a notice of funding availability (NOFA) announcing approximately $110 million in fiscal year 2005 funds for HOPE VI Revitalization Program grants, plus approximately $25 million additional funds for grantees' first-year, grant-related housing choice voucher (HCV) assistance. Applications are due by June 29, 2005 and HUD estimates it will award grants approximately September 27, 2005. HUD notes that although this NOFA announces the availability of FY 2005 HOPE VI funds, the FY 2006 proposed budget includes the rescission of the FY 2005 HOPE VI appropriation. Therefore, today's NOFA may be cancelled at a later date and applications made under this NOFA may not be funded.

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