federal_register: 95-31383
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| document_number | title | type | abstract | publication_date | pub_year | pub_month | html_url | pdf_url | agency_names | agency_ids | excerpts |
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| 95-31383 | Notice of Funding Availability for: the HUD-Administered Small Cities Community Development Block Grant (CDBG) ProgramFiscal Year 1996; and the Section 108 Loan Guarantee Program for Small Communities in New York State | Notice | This Notice of Funding Availability (NOFA) announces the availability of approximately $50,000,000 in FY 1996 funding for the HUD-administered Small Cities Program in New York State under the Community Development Block Grant (CDBG) Program and the availability of approximately $200,000,000--$250,000,000 in FY 1996 funding under the Section 108 Loan Guarantee program for small cities in New York State. Amounts available under the Section 108 Loan Guarantee program are not awarded competitively and are not rated under the criteria of this NOFA. The Section 108 Loan Guarantee Program is not subject to the HUD Reform Act. The funds announced in this Notice provide small communities and counties in New York State with a great opportunity to propose programs that focus on creating or expanding job opportunities, addressing housing needs, or meeting local public facilities needs. HUD encourages communities to propose programs that are creative and innovative in addressing the needs of their community. A community may propose a program that is ``single purpose'' in nature addressing only a particular area of need or that community may propose to undertake a more comprehensive strategy that deals comprehensively with the problems of a particular area, for example. HUD has increased the maximum grant amount for a Single Purpose grant to $600,000 and for a Comprehensive grant to $1,200,000. Communities that have a comprehensive strategy requiring a multi-year commitment may submit a comprehensive, multi-year application for up to a three-year period with a maximum grant of up to $5,000,000. Note that because last year's multi-year limit was $2,700,000, previous recipients of a two or three- year commitment may wish to submit a new multi-year application in order to ``trade-up'' to the higher three-year amount. If a community chooses to trade-up, they can start a new three-year cycle with FY 1996 representing the first year. | 1995-12-28 | 1995 | 12 | https://www.federalregister.gov/documents/1995/12/28/95-31383/notice-of-funding-availability-for-the-hud-administered-small-cities-community-development-block | https://www.govinfo.gov/content/pkg/FR-1995-12-28/pdf/95-31383.pdf | Housing and Urban Development Department | 228 | This Notice of Funding Availability (NOFA) announces the availability of approximately $50,000,000 in FY 1996 funding for the HUD-administered Small Cities Program in New York State under the Community Development Block Grant (CDBG) Program and the... |