This funding record is inactive. Please see the program website or contact the program sponsor to determine if this program is currently accepting applications or will open again in the future.

Hope VI Main Street Program

Link

https://www.hud.gov/program_offices/public_indian_housing/programs/ph/hope6/grants/mainstreet

Additional Links

Notice of Funding Opportunity (Grants.gov)

Deadline

Application Deadline: Dec 11, 2023

Sponsor

Office of Public and Indian Housing (PIH)

Purpose

Awards funding to small communities for the construction of new affordable housing units or the repurposing of obsolete commercial space in existing buildings into affordable housing units in conjunction with an ongoing effort to revitalize a historic central business district or Main Street area. Program objectives include:

Redeveloping central business districts or Main Street areas
Preserving historic or traditional Main Street properties by replacing unused commercial space with affordable housing
Enhancing economic development efforts in Main Street areas
Providing affordable housing in Main Street areas

Amount of Funding

Award ceiling: $1,000,000 per project
Project period: 48 months
Estimated number of awards: 4
Estimated total program funding: $2,000,000

Applicants must provide matching funds of at least 5% of the total grant award. Matching funds can be cash and/or in-kind contributions and may not include funds from other Section 24 grants, such as HOPE VI, Main Street, or Choice Neighborhoods grants.

Who Can Apply

Eligibility is limited to units of general local government, which includes any city, town, township, village, county, parish, or other general purpose political subdivision of a state or territory. Eligible applicants must also meet the following criteria:

Have a population of 50,000 residents or less
Not be served by a local, county, or parish public housing agency (PHA) that administers more than 100 public housing units within the local government's jurisdiction, excluding Section 8 Housing Choice Voucher subsidized units

In addition, projects funded through this opportunity must:

Involve the construction or major rehabilitation of space into affordable housing units
Be located within the boundaries of a designated Main Street area
Not replace demolish or otherwise dispose of or rehabilitate existing, public housing units
Not exceed allowable total development costs

Preference is given to projects that address climate change and environmental justice, projects located in a Promise Zone, as well as to applicants that partner with a minority-serving institution (MSI).

Additional eligibility information, including threshold eligibility requirements, can be found in the program guidance.

Geographic Coverage

Nationwide

What This Program Funds

Buildings and Facilities

Application Process

Application instructions, requirements, and other information about the online application process can be found on the program website.

Hope VI Main Street Program overview presentation
Applicant frequently asked questions

Contact

For programmatic or technical questions:
Susan A. Wilson
202-402-4500
susan.wilson@hud.gov

Rural Awards

Past awards communities have received are described on the program website.

Rural communities who have received funding include:

Kit Carson, Colorado
Batesville, Arkansas

Topics This Program Addresses

Economic Development • Housing and Homelessness