Get Up To $1.93 Billion To Revitalize Neighborhoods!

Summary

Are you a state, local government, nonprofit, or consortium looking to combat foreclosed and abandoned properties? This program offers up to $1.93 billion to stabilize neighborhoods damaged by the economic crisis and boost community development.

Eligibility

Community Development Housing Government Grants Nonprofit

Full Description

This correction to the NSP 2 NOFA in order to (1) allow NSP2 applicants to use a combined index score to determine whether they meet the geographic targeting threshold requirement; (2) make a technical correction to the eligibility activities table to activity (C) in accordance with the American Recovery and Reinvestment Act of 2009, Public Law 111-105, enacted February 17, 2009 (Recovery Act); (3) rescind the aggregate 5 percent purchase discount while leaving 1 percent discount on individual purchases intact; and (4)make corrections for omitted items in the Applicant Checklist at Appendix 3 of the NSP2 NOFA. Recipients will use the funds awarded under this notice to stabilize neighborhoods whose viability has been and continues to be damaged by the economic effects of properties that have been foreclosed upon and abandoned. In 2008, Congress appropriated funds for neighborhood stabilization under HERA. In 2009, Congress appropriated additional neighborhood stabilization funds, which are the subject of this notice.

When referring to a provision of the second appropriations statute, this notice will refer to the Recovery Act; when referring to the first appropriations statute, HERA; when referring to the grants, recipients, assisted activities, and implementation rules under the Recovery Act, this notice will use the term "NSP2". When referring to the grants, recipients, assisted activities, and implementation rules under HERA, this notice will use the term "NSP" or "NSP1" or "NSP2" is a component of the Community Development Block Grant (CDBG) program (authorized under Public the Housing and Community Development Act of 1974, 42 U.S.C. 5301 et seq. (HCD Act)).NSP2 funds will be awarded through competitions whose eligible applicants include states, units of general local government, nonprofits, and consortia of nonprofits.

Any applicant may apply with a for-profit entity as its partner. There will be two competitions. Under the program round in this notice, applicants will compete for up to $1.93 billion of NSP2 funds to carry out neighborhood stabilization programs. Under the technical assistance round in a separate notice, applicants will compete for no more than $50 million of NSP2 funds to provide technical assistance, to include capacity building of local communities receiving NSP1 or any entity receiving NSP2 funding to carry out neighborhood stabilization.

Except as described in this notice, NSP2 funds are governed by published NSPrequirements in the Program Requirements Appendix (Appendix 1) to this notice. If selected, applicants under NSP2 must be able to meet those program requirements in operating their NSP2 programs. The ―General Section” electronic application submission and receiptrequirements published on December 29, 2008, at 73 FR 79555, Section IV.B.2.a and b do notapply, except for paragraph IV.B.2.a and b , 4.b.(1) and (2) regarding obtaining a Dun andBradstreet Universal Numbering System (DUNS) number and E, regarding funding restrictions. The logic model portions of the General Section also do not apply.

NOTE: You must annually update your registration in the Central Contractor Registration,otherwise HUD cannot verify the DUNS number and the Tax Identification Number (TIN) andthus HUD will be unable to make grant payments.

Apply on Grants.gov