Rural Housing and Economic Development (14.250)

 

Program

14.250 Rural Housing and Economic Development

 

Federal Agency

COMMUNITY PLANNING AND DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

Authorization

Departments of Veterans Affairs, Housing and Urban Development, and Independent Agencies Appropriations Act of 2000, Public Law 106-377.

 

Program Number

14.250

 

Last Known Status

Active

 

Objectives

To expand the supply of affordable housing and access to economic opportunities in rural areas.

 

Types of Assistance

Project Grants.

 

Uses and Use Restrictions

Grants can be used for capacity building, and support for innovative housing and economic development activities for these programs. More specific information will be available in the Notice of Funding Availability (NOFA).

 

Eligibility Requirements

Applicant Eligibility

Local, rural, non-profit organizations, community development corporations, Federally recognized Indian Tribes, State Housing Financing Agencies and State Community and Economic Development Agencies.

Beneficiary Eligibility

Local and rural communities.

Credentials/Documentation

As required by the NOFA.

 

Application and Award Process

Preapplication Coordination

None. This program is excluded from coverage under E.O. 12372.

Application Procedure

The Federal Register NOFA will detail each competition's submission requirements and the competitive funding.

Award Procedure

Competition is required for both types of grants. Awards to applicants securing the highest scores in relation to the selecting factors outlined in the NOFA.

Deadlines

The NOFA will contain deadlines.

 

Range of Approval/Disapproval Time

Appeals

None.

Renewals

None.

 

Assistance Considerations

Formula and Matching Requirements

None.

Length and Time Phasing of Assistance

For a period of 36 months.

 

Post Assistance Requirements

Reports

Semi-Annual Narrative and statistical reports are required.

Audits

In accordance with provisions of OMB Circular No. A-133 (Revised, June 24, 1997), "Audits of States, Local Governments, and Non- Profit Organizations, nonfederal entities that expend financial assistance of $300,000 or more in Federal Awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less that $300,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133.

Records

Each recipient must maintain records to facilitate audits of funds, disposition of proceeds, costs from all sources, in- kind/cash contributions and information on housing, and other facilities connected with the use of the funds.

 

Program Accomplishments

Under the RHED program for year 2001, 1,908 jobs were created, 3,156 beneficiaries were trained, 540 units of new housing was constructed and 507 units of existing housing was rehabilitated. In 2002, 2,035 jobs were created, 5,097 beneficiaries were trained, 367 new businesses were assisted, 1,409 existing businesses were assisted, 1,703 units of new housing were constructed and 2,225 units of existing housing were rehabilitated.

 

Financial Information

Account Identification

86-0324-0-1-604; 86-0324-2-1-604.

Obligations

(Grants) FY 02 $25,000,000; FY 03 est $24,838,000; and FY 04 est $0.

Range and Average of Financial Assistance

Up to $400,000; $250,000.

 

Regulations, Guidelines and Literature

None.

 

Related Programs

None.

 

Information Contacts

Regional or Local Office

Contact appropriate HUD Field Office listed in Appendix IV of the Catalog.

Headquarters Office

Jackie Williams-Mitchell, Director, Office of Rural Housing and Economic Development, Community Planning and Development 451 7th St., SW., Rm. 7137, Washington, DC 20410. Telephone: (202) 708-2290. E-mail Jackie_W._Mitchell@hud.gov.

Web Site Address

http://www.hud.gov/rhed.html

 

Examples of Funded Projects

Not applicable.

 

Criteria for Selecting Proposals

Balancing of need for assistance with capacity of applicant to effectively use the assistance.

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