Funding Availability for Choice Neighborhoods
Posted by on September 03, 2010
Choice Neighborhoods RFP released
The US Dept. of Housing and Urban Development has finally released its long-delayed Notice of Funding Availability for Choice Neighborhoods, a $65 million pilot that allows for redevelopment of both public and other HUD-assisted housing properties.
This means that the disinvested assisted housing that frustrated cities and housing authorities and fostered crime and blight can now be included in comprehensive neighborhood revitalization efforts.
The program also widens the traditional pool of eligible applicants by allowing local governments, nonprofits and for-profit developers that submit joint applications with a public entity.
For more information, go here.
http://www.hud.gov/offices/pih/programs/ph/cn/fy10funding.cfm
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