Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
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c) implement applied research techniques to document and disseminate mainstream, scalable approaches helpful in the process retrofitting affordable multifamily properties

For this program, HUD will be granting two kinds of awards, first would be for Financing Demonstrations and the other one would be for Applied Research Demonstrations.

HUD has allocated an anticipated ceiling budget amounting to $25 million for this project. Interested applicants are required to submit their applications electronically to the Grants.gov website. Deadline of such applications will be on October 20, 2011.

Interested applicants will be deemed eligible to apply for this program when they are/belong to any of the following:

a) Treasury-certified community development financial institutions

b) National, regional, or local private or non-profit entities currently administering affordable housing development and rehabilitation programs

c) Special purpose financing entities such as housing trust funds whose primary intent is the preservation and rehabilitation of affordable rental housing services for low-income households

d) Nonprofit or for-profit organizations that own or control a significant portfolio of Eligible Multifamily Properties

The Department of Housing and Urban Development, the primary agency funding this program, is the government's principal agency responsible for increasing homeownership, supporting community development and increasing access to affordable housing opportunities.


Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
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About The Author

Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

She also maintains Websites providing resources on environmental grants and grants for youth programs.




Additional Resources



category - Home Improvement Grants

Rehabilitation Mortgage Insurance Program
The Rehabilitation Mortgage Insurance Program intends to financially assist families as they repair or improve, purchase and improve, or refinance and improve their current residential properties that have been existent for more than a year.


Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
Pursuant to the Consolidated Appropriations Act of 2010, the Department of Housing and Urban Development(HUD), has recently announced a funding opportunity entitled Energy Innovation Fund: Multifamily Pilot Program.


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The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.


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