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HUD To Assist Small Communities Throughout The Main Street Program, Grants $2 Million

HUD comes in support of small communities, areas, and cities and grants $2 Million to provide housing assistance.

June 16, 2023

Washington- A Notice of Funding Opportunity (NOFO) of $2 Million was announced today by the Department of Housing and Urban Development (HUD) via HOPE VI Main Street Program. The grant provided by the Main Street program assists communities that are on the lookout to create affordable housing in Central Business Districts, especially the ones undergoing redevelopment. HUD will primarily target those areas in cities that have this funding opportunity available.

HUD Secretary, Marcia L. Fudge said, “HUD recognizes that cities need revitalization across the country. We want to support city governments in their efforts to restore economically crucial business districts by providing housing in these areas.”

The program aims to redevelop Main Street areas and preserve traditional Main Street area properties by replacing commercial buildings with affordable housing units, doubling economic development efforts, and providing affordable housing units in Main Street Areas.

Only applicants with a population of 50,000 or fewer public housing units under its jurisdiction are eligible for assistance under this program.

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Department of Housing and Urban Development. “HUD Makes $2 Million In Funding Available To Small Communities Through Main Street Program”. HUD, June 16, 2023,
HUD Makes $2 Million in Funding Available to Small Communities Through Main Street Program | / U.S. Department of Housing and Urban Development (HUD)

Last Updated: September 20, 2021