On September 30, HUD announced the Notice of Funding Opportunity (NOFO) for the Choice Neighborhoods Implementation Grants. Approximately $379 million in total will be made available to support with the implementation of neighborhood revitalization plans that are used to improve housing, economic/social factors for residents, and to create communities that attract investment for the benefit of residents.
Applications for this grant are due by Wednesday January 11, 2023. Each applicant may be eligible for up to $50 million to support implementation efforts. In addition, HUD will allocate $100 million of the total amount for Supplemental Grants to assist grantees from the fiscal years 2017 through 2020 that have already met certain requirements as per the guidelines of the grant.
For more information on this NOFO, please stay tuned for the next edition of The Monitor.