Rural Housing Preservation Grant | USDA RD HCFP HPG 2024

Opportunity Information: Apply for USDA RD HCFP HPG 2024

The Rural Housing Preservation Grant (HPG) is a discretionary grant opportunity run by the USDA Rural Housing Service (RHS) to help preserve and improve housing in rural communities. The program funds eligible organizations so they can carry out repair and rehabilitation work for people who have the least ability to pay for major home fixes on their own. The central focus is on very low-income and low-income homeowners living in rural areas, with the goal of addressing unsafe conditions, deferred maintenance, and habitability problems that can threaten housing stability.

HPG funds are awarded to qualified organizations rather than directly to individual residents. Eligible applicants include public agencies and a wide range of nonprofit and governmental entities, such as state, county, and city or township governments; federally recognized tribal governments and other eligible tribal organizations; and nonprofits with or without 501(c)(3) status (excluding institutions of higher education). The notice also highlights that faith-based and community organizations may be eligible as part of the broader nonprofit category, reflecting the program's intent to work through locally rooted groups that already serve rural residents.

The grant can support two major types of housing preservation activity. First, it can be used to assist very low- and low-income homeowners with repairing or rehabilitating owner-occupied homes in rural areas. Second, it can support repairs and rehabilitation for rental properties and cooperative housing complexes, but with an important affordability condition: owners must agree to make the improved units available to very low- and low-income persons. In practice, this ties the public investment to continued access to affordable housing rather than allowing renovated units to immediately shift to higher-income tenants.

This particular funding notice is issued to meet USDA regulatory requirements under 7 CFR part 1944, subpart N, which require RHS to publicly announce when it will accept preapplications and when the submission window closes. The key administrative takeaway is the deadline for preapplications: the original closing date listed is 2024-07-29. The agency anticipates making about 100 awards under this opportunity (as indicated in the source data), though the total award ceiling is not specified in the provided details.

A notable portion of FY2024 funding is set aside for disaster-related assistance. Approximately $2.2 million is available specifically for disaster assistance grants, with a maximum award of $50,000. These disaster-assistance preapplications are restricted to presidentially declared disaster areas from calendar year 2022 only, and applicants are directed to FEMA's disaster declarations page to confirm whether a location qualifies. This limitation matters because even otherwise eligible rural repair needs will not fit the disaster set-aside unless they are tied to a 2022 presidential disaster declaration area.

In short, USDA RD HCFP HPG 2024 (CFDA 10.433) is aimed at strengthening rural housing conditions by funding organizations that can deliver repairs and rehabilitation for low-income rural households and income-restricted rental/co-op units. The program is community development and housing oriented, uses grants as the funding instrument, and emphasizes both general rural housing preservation and a targeted FY2024 disaster-assistance component tied specifically to 2022 presidentially declared disaster areas, with preapplications due by July 29, 2024.

• The Rural Housing Service in the community development, housing sector is offering a public funding opportunity titled "Rural Housing Preservation Grant" and is now available to receive applicants.
• Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 10.433.
• This funding opportunity was created on 2024-06-14.
• Applicants must submit their applications by 2024-07-29. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
• The number of recipients for this funding is limited to 100 candidate(s).
• Eligible applicants include: State governments, County governments, City or township governments, Native American tribal governments (Federally recognized), Native American tribal organizations (other than Federally recognized tribal governments), Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education, Nonprofits that do not have a 501 (c) (3) status with the IRS, other than institutions of higher education, Others.

Apply for USDA RD HCFP HPG 2024

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