The Main Street program seeks to rejuvenate older, downtown business districts while retaining the area's traditional and Historic character. To do this, the Main Street program provides 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 Section 24 of the Housing Act of 1937, the statute that controls the Choice Neighborhoods Initiative. Part of the Act set aside a portion of all future Choice Neighborhoods funds for grants to small communities that have Main Street rejuvenation projects in progress. The Act limited the size of communities that are eligible for these grants.
Only units of general local government, as defined in each current 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 build new affordable housing or econfigure obsolete or surplus commercial space (or extremely substandard, vacant housing) into 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.
Main Street Grants Notice of Funding Availability
The FY 2015-2016 Main Street Notice of Funds Availability (NOFA) was issued on July 13, 2015, and announced approximately $500,000 available for award. The deadline date for application submission is August 27, 2015. Per the FY 2015-16 NOFA, funds will be awarded to eligible applicants that apply in FY 2015 under the above NOFA. FY 2016 funds have not been appropriated for this program as of the publication of this NOFA. HUD intends to award a similar grant in FY 2016 to the highest ranking applicant for the FY 2015 NOFA that did not receive a Main Street grant from the NOFA. The award of FY 2016 Main Street funds for FY 2015 applicants is contingent upon future congressional action. HUD’s intent to award FY 2016 funds to FY 2015 applicants will be announced separately if such funds become available.
Eligible applicants are limited to Units of General Local Government (primarily subdivisions of a State) that have a population of 50,000 or fewer and 100 or fewer physical public housing units within the Local Government's jurisdiction and that are otherwise in conformance with the threshold requirements of the NOFA.
The official version of the NOFA and its application forms are available on http://www.Grants.gov until the deadline date. The CFDA Number for this NOFA is 14.878. In order to receive automatic email notice of NOFAs, subscribe to email notifications at Grants.gov.
To enable you to deconstruct, analyze, and cut/paste portions of the NOFA, an unofficial MS Word version of the NOFA, without its required attachments, is located at the below link. The only official version of this NOFA is published on Grants.gov.
FY 2015-16 Main Street NOFA - Unofficial Version (MS Word) (NEW)
Main Street Program Summaries
Most Recent NOFA
Financial GuidanceBudget Guidance
Main Street Grant Closeout Procedures
Relevant Statutes, Regulations and Notices