On July 14, 2009, HUD posted the HOPE VI Revitalization Grants Program NOFA for FY 200 9. This Notice makes technical corrections to the NOFA in order to foster greater ease in understanding for potential applicants regarding the requirements set forth in this NOFA.
Subsequent to publication,
credit:
it was determined that language in the Land Use threshold requirement needed to be corrected to clarify that the threshold applies to on-site and off-site land.
Additionally, it was discovered that two dates (HUD's required obligation date and the grantees' required expenditure dates) needed to be corrected to reflect the Omnibus Appropriations Act, 2009 (Public Law 111-8, approved March 11, 2009).
This technical correction clarifies that HUD must obligate the grant funds by September 30, 2010 and that the grantees then have until September 30, 2015 to expend the grant funds.
PLEASE READ THE TECHNICAL CORRECTION FOR FURTHER CLARIFICATION.
In accordance with Section 24(a) of the United States Housing Act of 1937 (42 U.S.C.
1437v) (1937 Act), the purpose of HOPE VI Revitalization grants is to assist PHAs to:
1. Improve the living environment for public housing residents of severely distressed public housing projects through the demolition, rehabilitation, reconfiguration, or replacement of obsolete public housing projects (or portions thereof); 2. Revitalize sites (including remaining public housing dwelling units) on which such public housing projects are located and contribute to the improvement of the surrounding neighborhood; 3. Provide housing that will avoid or decrease the concentration of very low-income families; and 4. Build sustainable communities.