VHFA News

By:
VHFA

hud logoThe U.S. Department of Housing and Urban Development (HUD) has posted the Choice Neighborhood FY10 Notice of Funding Availability Pre-Notice. It gives potential applicants guidance prior to the Choice Neighborhoods funding notice, which will be published this summer.

The guidance offers advance details regarding the application process to compete for funds through this pilot program.

"We want the Choice Neighborhood pilot program to build on the achievements and lessons learned under the HOPE VI program," said HUD Assistant Secretary for the Office of Public and Indian Housing Sandra B. Henriquez.

"To do that, we believe it is absolutely necessary to inform our partners as early as possible of the tools they will need in place to be ready when the competition begins."

The pre-notice outlines the goals of the Choice Neighborhoods Initiative Congress approved with the passage of HUD's FY10 budget. The information will help those interested in applying for funding under Choice Neighborhoods better prepare for the Notice of Funding Availability, the official federal government application to obtain funding.

Read more in HUD's press release.