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Catalog of Federal Domestic Assistance

Program Descriptions

CATALOG OF FEDERAL DOMESTIC ASSISTANCE

14.250: Rural Housing and Economic Development

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

PROGRAM AND AWARD FINANCIAL AND INFORMATION CONTACTS

ELIGIBILITY REQUIREMENTS FINANCIAL AND ADMINISTRATIVE INFO.

APPLICATION AND AWARD PROCESS INFORMATION CONTACTS

RELATED PROGRAMS ASSISTANCE CONSIDERATIONS

PROGRAM ACCOMPLISHMENTS POST ASSISTANCE REQUIREMENTS

14.250 ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Local, rural, and non-profit community development corporations and Indian Tribes are eligible applicants for all three types of grants. State Housing Financing Agencies and State Community and Economic Development Agencies can apply only for the Innovative Grants.

Beneficiary Eligibility: Families and individuals.

Credentials/Documentation: As required by the NOFA.

14.250 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 all three 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: June 1, 2000.

Appeals: None.

Renewals: None.

Criteria for Selecting Proposals: Balancing of need for assistance with capacity of applicant to effectively use the assistance.

Examples of Funded Projects: Not applicable.

Range and Average of Financial Assistance: $150,000 to $500,000; $300,000.

14.250 RELATED PROGRAMS:

None.

14.250 PROGRAM ACCOMPLISHMENTS:

None to report at this time. Last year was the first year funding was available.

14.250 FINANCIAL AND ADMINISTRATIVE INFO:

Federal Agency: COMMUNITY PLANNING AND DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Type of Assistance: Project Grants.

Obligations: (Grants) FY 99 $25,000,000; FY 00 est $25,000,000; and FY 01 est $27,000,000. (NOTE: Amounts reported reflect allocation of new budget authority rather than obligation amounts.)

Budget Account Number: 86-0324-0-1-604; 86-0324-2-1-604.

Authorization: Departments of Veterans Affairs, Housing and Urban Development, and Independent Agencies Appropriations Act of 1999, Public Law 105-276.

Regulations, Guidelines, and Literature: None.

14.250 INFO CONTACTS:

Regional or Local Office: None.

Headquarters Office: Jackie Mitchell, Rural Housing and Economic Development Coordinator, Community Planning and Development 451 7th St., SW., Washington, DC 20410. Phone: (202) 708-2290.

(See Appendix IV for more contact info.)

14.250 ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: None.

Length and Time Phasing of Assistance: For a period of 36 months.

Uses and Use Restrictions: Grants can be used for capacity building, innovative housing and economic development programs and seed money for these programs. More specific information will be available in the Notice of Funding Availability (NOFA).

14.250 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 receive 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.