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Main Street Grants Notice of Funding Availability


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:

  1. Be a local government (subdivision of a State or Territory);
  2. Have a population of 50,000 or less within its jurisdiction; and
  3. 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 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 was August 18, 2014.  An award in the amount of $500,000 was made on September 25, 2014.  For further information on the NOFA applicants and the awardee, click HERE.

Congress appropriates funds for Main Street annually.  Although the latest NOFA allows for awards in both FY 2014 and FY2015, funds are only available for the current fiscal year.  FY 2015 funds have not yet been appropriated for this program. The award of FY 2015 Main Street funds to 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.

Note that the NOFA includes HUD's General Section NOFA by reference.  The General Section includes HUD-wide requirements and application instructions. 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, the Main Street program area NOFA prevails.  During the application period, the General Section is part of the downloadable Application Instructions, which will be available on the Grants.Gov website.  Outside of the application period, the most current Main Street program NOFA and the most recent General Section can be obtained HERE.

Applications have to be submitted electronically to, 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.

Regardless of the program NOFA published through links on this website, the only official version of the NOFA was available on during the application period.

Main Street Program Summaries

 - Overview of Main Street Statute (MS-PowerPoint, 79 KB)
 - For Presentation to Property Owners and Possible Applicant Team Members
(MS-PowerPoint, 78 KB)

Most Recent NOFA

 - Standard Federal NOFA Format (OMB Directed)
 - FY 2014 Main Street NOFA and Funding Information

Neighborhood Stabilization and Minimization of Tax Liability

General Guidance

 - HOPE VI Main Street Development Proposal (MS-Word, 89 KB)
 - Mixed-Finance Responsibility Checklist
 - Form HUD-52861 including FY 2015 Unit Mix, S&U and TDC (MS-Excel 2007)

Financial Guidance

Budget Guidance
 - HOPE VI Budget Guidance
 - Guidebook 7510.1: Public and Indian Housing Low-Rent Technical Accounting Guide
 - HOPE VI Budget, Form HUD-52825-A (MS-Excel)
 - Excel Workbook to Complete HOPE VI Budget (MS-Excel)

Cost Guidelines

 - TDC Rule (under 24 CFR 941) - Public Housing Total Development Cost Final Rule
 - HOPE VI TDC Policy
 - Total Development Costs - Notice 2011-38 No change from original Notice.  Although Notice 2011-38 still applies, the TDC Limit amounts are updated for 2014.
 - Total Development Cost (TDC) Limits (FY2015)

Main Street Application Data Sheet, form HUD-52861 (MS Excel)

 - Cost Control and Safe Harbor Standards

Term Sheet Calculator, form HUD- 50150


Award Assistance and the Administrative Regulations at 2 CFR Part 200

Main Street Grant Closeout Procedures

 - Main Street Closeout Procedure (MS-Word)
 - Sample Termination of Disbursements Letter (MS-Word)
 - Sample Preliminary Approval Letter (MS-Word)
 - Sample Final Funding Approval Letter (MS-Word)
 - Sample Final Grant Plan Closeout Letter (MS-Word)

Relevant Statutes, Regulations and Notices

 - 2 CFR Part 200
 - The American Dream Downpayment Act
 - Section 24 of the US Housing Act of 1937, as amended
 - Section 504 Accessibility Notice PIH 2006-13 (HA)
 - Section 106 Regulations, "Protection of Historic Properties"
 - 24 CFR 903.7, Examples of Public Housing Tenant Rights
 - 24 CFR Part 50, HUD Environmental Requirements