Rural Housing Preservation Grants
Program Funding
Annual program obligations reported to SAM.gov.
Funded Projects
Examples of what this program has supported.
Program Objective
To assist very low- and low-income rural residents individual homeowners, rental property owners (single/multi-unit) or by providing the consumer cooperative housing projects (co-ops) the necessary assistance to repair or rehabilitate their dwellings. These objectives will be accomplished through the establishment of repair/rehabilitation, projects run by eligible applicants. This program is intended to make use of and leverage any other available housing programs which provide resources to very low and low-income rural residents to bring their dwellings up to development standards.
Eligibility
Eligible Applicants
- Nonprofit Organization
- Federally Recognized Tribal Government
- Tribally Designated Housing Authority
- Municipality/Township Government
- Local Government Consortium
- Public Housing Authority
- Local
- State
Must be a State or political subdivision, public nonprofit corporation, Indian tribal corporations, authorized to receive and administer housing preservation grants, private nonprofit corporation, or a consortium of such eligible entities. Applicants must provide assistance under this program to persons residing in eligible rural areas available online at eligbility.sc.egov.usda.gov. Assistance is authorized for eligible applicants in the United States, Puerto Rico, Virgin Islands, and the territories and possessions of the United States.
Beneficiaries
- Homeowner
Very low and low-income rural individuals and families who are homeowners and need resources to bring their housing up to code standards, rental property owners, or co-ops.
How to Apply
Award Procedure
Award is made by the Rural Development State Director.
Notice of action taken on preapplications will be generally within 60 days of final date of acceptance of preapplication.
Program details & compliance
Description
Provides consumer cooperative (co-op) housing projects necessary assistance to repair or rehabilitate dwellings of very low – and low-income home owners and rental property owners in rural areas.
Mission Categories
Primary: Rural Housing
Other categories:
Home ImprovementConstruction Rehabilitation
Use of Funds
Allowed Uses
The majority of funds must be used for loans, grants or other assistance on individual homes, homeowners, rental properties or co-ops to pay any part of the cost for repair or rehabilitation of structures.
Restrictions
Organizations may not use more than 20 percent of the Housing Preservation Grant funds for program administration purposes, such as to hire the personnel to carry out a project of housing rehabilitation to meet the needs of very low and low- income persons in rural areas; to pay necessary and reasonable office and administrative expenses; and to pay reasonable fees for training of organization personnel. Funds may not be used to hire personnel to perform construction or to pay any debts, expenses or costs other than previously outlined and approved in the project application.
Required Documentation
Applicants must have the financial, legal, administrative, and operational capacity to carry out the objectives of the program by having experience in rural housing rehabilitation.
2 CFR 200, Subpart E - Cost Principles applies to this program.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart E — Cost Principles
- Subpart F — Audit Requirements