Main Street area revitalization efforts seek to rejuvenate older, downtown business districts while retaining the area's traditional and Historic character. The purpose of the HOPE VI Main Street Program is to provide assistance to smaller communities in the development of affordable housing that is undertaken in connection with a Main Street revitalization effort. Obsolete commercial offices or buildings can be reconfigured into rent producing affordable housing.
In December, 2003, the American Dream Downpayment Act became law. This Act amended the statute that controls the HOPE VI program. Part of the Act set aside a portion of all future HOPE VI funds for grants to small communities that have Main Street rejuvenation projects. The Act limited the size of communities that are eligible for these grants to a population of 50,000, and 100 or less physical public housing units. Section 8 Housing Choice Vouchers do not affect the number of public housing units.
Main Street Grants Notice of Funding Availability
The FY 2014-15 Main Street Notice of Funds Availability (NOFA) was issued by HUD on July 4,2014 and announced approximately $500,000 available for award. The deadline date for application submission is August 18, 2014. Congress funded Main Street for FY 2014. Per the FY 2014-15 NOFA, funds from this appropriation will be awarded to eligible applicants that apply in FY 2014 under the above NOFA. FY 2015 funds have not been appropriated for this program as of the publication of this NOFA. The award of FY 2015 Main Street funds for FY 2014 applicants is contingent upon future congressional action. HUD’s intent to award FY 2015 funds to FY 2014 applicants will be announced separately if such funds become available.
Only units of general local government, as defined in the NOFA, are eligible to apply. The primary eligibility requirements are that the applicant:
- Be a local government (subdivision of a State or Territory);
- Have a population of 50,000 or less within its jurisdiction; and
- Have 100 or fewer physical public housing units within its jurisdiction.
In general, the grant funds can be used to reconfigure obsolete or surplus commercial space (or extremely substandard, vacant housing) into, or build new, Main Street affordable housing units. The grant funds cannot be used on general infrastructure or commercial development. The funds in the NOFA must be used to assist Units of Local Government that have existing Main Street area rejuvenation projects and have the population and public housing unit limits stated above. Main Street housing units must be affordable to the initial residents that occupy the Main Street housing project.
Note that the NOFA includes, HUD's General Section NOFA by reference. The General Section includes application instructions and HUD-wide requirements. There are some very important requirements in the General Section that, if not addressed in an application, may cause the application to be rejected without being rated or ranked. If the Main Street NOFA and the General Section contain conflicting information, this Main Street NOFA prevails. The General Section can be downloaded from Grants.Gov. During the application period, the General Section is part of the Grants.gov downloadable Application Instructions, which will be available on the Grants.Gov website.
Applications have to be submitted electronically to Grants.gov, and applicants have to register or renew their registration before the application deadline. Registration may take up to three weeks. Detailed registration instructions are included in HUD's General Section.
To see the most recent HOPE VI Main Street NOFA, click HERE. The program portion of the NOFA is available in MS Word format through links on this website to allow interested parties to cut and paste parts of the NOFA. Regardless of the program NOFA published through links on this website, the only official version of the NOFA was available on Grants.gov during the application period.
Main Street Program Summaries
Most Recent NOFA
Financial GuidanceBudget Guidance
Main Street Grant Closeout Procedures
Relevant Statutes, Regulations and Notices