This grant is for providing pre-development funding to Sponsors of projects awarded Fund Reservation under the FY 2009 NOFA for the Section 202 Supportive Housing for the Elderly Program. The funding supports critical pre-development costs, including architectural and engineering work, site control, and other eligible planning expenses. HUD recognizes that insufficient pre-development capital often delays projects from moving from Fund Reservation to Initial Closing within the required 18-month timeframe. This program addresses this gap by offering a dedicated funding source for expenses not typically reimbursed until initial closing or through external means. HUD will assess how this funding expedites the development process. The grant aims to streamline the creation of supportive housing for the elderly by alleviating early financial barriers.
Opportunity ID: 56959
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-5390-N-01 |
| Funding Opportunity Title: | Section 202 Demonstration Pre-Development Grant Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Housing |
| Category Explanation: | – |
| Expected Number of Awards: | – |
| Assistance Listings: | 14.157 — Supportive Housing for the Elderly |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Aug 27, 2010 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Oct 04, 2010 |
| Current Closing Date for Applications: | Oct 04, 2010 |
| Archive Date: | Oct 10, 2010 |
| Estimated Total Program Funding: | $20,000,000 |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | 1. All private nonprofit organizations and nonprofit consumer cooperatives that submitted an application for funding consideration under the FY2009 NOFA for the Section 202 Supportive Housing for the Elderly Program are eligible to apply for funding under this Demonstration Pre-Development Grant Program. (Please refer to the FY2009 Section 202 Program NOFA for a discussion on the eligibility criteria for the Section 202 Program.) However, funding awards under this Section 202 Demonstration Pre-Development Grant Program will be restricted to those applicants that are selected for Fund Reservation Awards under the FY 2009 Program NOFA for the Section 202 Supportive Housing for the Elderly Program. Funding under this Program will not be fair shared to each HUD office. |
Additional Information
| Agency Name: | Department of Housing and Urban Development |
| Description: | The purpose of this Demonstration Pre-Development Grant Program is to assist Sponsors of projects that receive Fund Reservation Awards pursuant to the FY 2009 NOFA for the Section 202 Supportive Housing for the Elderly Program by providing pre-development grant funding for architectural and engineering work, site control, and other planning related expenses that are eligible for funding under the Section 202 Supportive Housing for the Elderly Program. Subsequent to providing pre-development grant funding to the selected applicants, HUD will assess the impact of the availability of such funding on the ability of project Sponsors to expedite the development processing of projects from Section 202 Fund Reservation to Initial Closing within 18 months. HUD is aware of the complexities of developing Section 202 projects and understands that a lack of pre-development funding may be a contributing factor in many instances where project Sponsors are not able to move their approved projects from Fund Reservation award to Initial Closing within the required 18-month time frame. Funding under this program is not intended to duplicate Section 202 Capital Advance funding, but rather to provide a source of funding for pre-development costs that would otherwise not be reimbursable until Initial Closing or would be payable from eligible funding resources secured outside of Section 202 Capital Advance funding. |
| Link to Additional Information: | Download Application and Instructions using ONLY CFDA Number |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Questions regarding specific Section 202 Pre-Development Grant Program requirements should be directed to the appropriate local HUD office or Denise Taylor-Parker at HUD Headquarters at 202-402-2892
Email:Denise.L.Taylor-Parker@hud.gov. |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
Folder 56959 Full Announcement-1 -> 5390 fy2009 202 demo pre-dev grant 08271 final.pdf
Packages
| Agency Contact Information: | Questions regarding specific Section 202 Pre-Development Grant Program requirements should be directed to the appropriate local HUD office or Denise Taylor-Parker at HUD Headquarters at 202-402-2892 Email: Denise.L.Taylor-Parker@hud.gov. |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 14.157 | S202DEMO-01 | Section 202 Demonstration Pre-Development Grant Program | PKG00020665 | Aug 27, 2010 | Oct 04, 2010 | View |
Package 1
Mandatory forms
56959 SF424_2_1-2.1.pdf
56959 HUD_FaxTransmittal-1.1.pdf
Optional forms
56959 HUD_DisclosureUpdateReport-1.1.pdf
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