The purpose of the Rural Fund is to provide support for highly targeted and innovative grants dedicated to addressing the problems of concentrated rural housing distress and community poverty for projects that demonstrate a great likelihood of substantial impact in addressing the housing needs and community
credit:
poverty in the project area.
HUD is making available awards in two funding categories:
Category 1, Single Purpose Grants or Comprehensive Grants that address the need for highly targeted projects that address the problem of concentrated rural housing distress and community poverty in rural areas; and Category 2 Economic Development and Entrepreneurship for Federally Recognized Indian Tribes.