Capacity Building for Community Development and Affordable Housing Grants: Amendment, 34778-34779 [E8-13691]

Agencies

• DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Federal Register Volume 73, Number 118 (Wednesday, June 18, 2008)]
[Notices]
[Pages 34778-34779]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-13691]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5196-N-02]


Capacity Building for Community Development and Affordable 
Housing Grants: Amendment

AGENCY: Office of the Assistant Secretary for Community Planning and 
Development, HUD.

ACTION: Notice of Funding Availability (NOFA), amendment.

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SUMMARY: On April 9, 2008, HUD published its Fiscal Year (FY) 2008 
Capacity Building for Community Development and Affordable Housing 
Grants notice of funding opportunity (NOFA). Today's notice amends 
HUD's requirement to provide a cash or in-kind match as set out in the 
April 9, 2008 publication.

DATES: The application submission date for the Capacity Building for 
Community Development and Affordable Housing Grants program remains as 
published in the Federal Register on April 9, 2008.

FOR FURTHER INFORMATION CONTACT: Karen Daly, Director, Office of Policy 
Development and Coordination, Office of Community Planning and 
Development, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Room 7240, Washington, DC 20410-7000; telephone 202-708-
1817 (this is not a toll-free number). Persons with speech or hearing 
impairments may access this number through TTY by calling the toll-free 
Federal Income Relay Service at 1-800-877-8339.

SUPPLEMENTARY INFORMATION: HUD published its FY2008 Capacity Building 
for Community Development and Affordable Housing Grants NOFA on April 
9, 2008 (73 FR 19380). The FY2008 NOFA makes approximately $36.95 
million available competitively to carry out the eligible activities 
related to community development and affordable housing for the 
capacity building program. This competition is limited to Living 
Cities/The National Community Development Initiative, Enterprise 
Community Partners, Inc. (formerly The Enterprise Foundation), the 
Local Initiatives Support Corporation (LISC), and Habitat for Humanity 
International.
    In the April 9, 2008 publication, HUD stated that Section 4(c) of 
the HUD Demonstration Act of 1993 requires that each dollar awarded 
under the NOFA must be matched by three-dollars in cash or in-kind 
contribution obtained from private sources. HUD made this an 
application threshold requirement, stating specifically that applicants 
were required to submit with their applications documentation providing 
a firm commitment to demonstrate the existence of the match. Upon 
reconsideration, however, HUD has decided to withdraw the requirement 
that applicants meet the match as a threshold for the competition. HUD 
is taking this action because individual projects and actions may not 
be known to applicants at the time they submit their applications. As a 
result, it may be difficult for applicants to submit documentation with 
their applications to meet the match requirement.
    Accordingly, HUD is amending its FY2008 Capacity Building for 
Community Development and Affordable Housing Grants NOFA published on 
April 9, 2008 (73 FR 19380), as follows:
    On page 19380, section III.B., HUD is amending this paragraph to 
read as follows:

B. Match Requirement

    Section 4(c) of the HUD Demonstration Act of 1993 requires that 
each dollar awarded must be matched by three-dollars in cash or in-kind 
contribution obtained from private sources. To receive funding under 
this NOFA, each of the organizations funded under this competition will 
be required at the time the organization enters into a grant agreement, 
to document its share of matching resources. The types of documentation 
accepted by HUD will be determined at the time that the organization 
enters into a grant agreement. All match including in-kind 
contributions, shall conform to the requirements of 24 CFR 84.23.

[[Page 34779]]

    On page 19383, section V.A.4., HUD is amending this paragraph to 
read as follows:

4. Rating Factor 4: Leveraging Resources (15 points)

    This factor evaluates the applicant's ability to leverage (secure) 
public and/or private sector resources (such as financing, supplies, or 
services) from sources other than Section 4 that can be added to 
Section 4 funds to perform eligible activities and sustain the 
applicant's proposed project. Higher points will be awarded for higher 
percentages of leveraged resources, compared to the amount of Section 4 
funds requested. For leveraging, HUD's Management Plan has a 
performance goal of ten investment dollars from outside sources in 
total project development costs for each Section 4 grant awarded. To 
document leveraging for the FY2008 NOFA, applicants should report their 
actual results in leveraging Section 4-assisted projects in Federal 
Fiscal Year 2007 (October 1, 2006-September 30, 2007). All leveraging 
commitments shall be scanned and attached to the electronic application 
or submitted via fax using form HUD-96011, ``Third Party Documentation 
Facsimile Transmittal'' (``Facsimile Transmittal Form'' on Grants.gov) 
as part of the application.

    Dated: June 11, 2008.
Nelson R. Breg[oacute]n,
General Deputy Assistant Secretary for Community Planning and 
Development.
[FR Doc. E8-13691 Filed 6-17-08; 8:45 am]
BILLING CODE 4210-67-P