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Missouri ![]() |
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HOUSING PRESERVATION GRANT PROGRAM |
RD Instruction 1944-N |
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PREAPPLICATION/APPLICATION DEADLINE REPORTING REQUIREMENTS & COMPLIANCE |
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PURPOSE: To provide funds to eligible applicants to operate a program which finances repair and rehabilitation activities to individually owned housing, or to owners of rental properties for very low-and low-income persons in rural communities. |
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| APPLICANTS: | Must be an organization authorized to administer HPG funds: | |
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| PREAPPLICATION/ APPLICATION DEADLINE: |
Dates governing the invitation and review of HPG preapplications will be published in the Federal Register. Applicants then have 90 days from publication to file a preapplication. | |
| PROJECT SELECTION CRITERIA: |
The Project Selection Criteria form (Exhibit D) is used to determine eligibility and priority points. Priority points are assigned for the following criteria: percentage of very-low persons proposed to be assisted, population, percentage of funds which will be used for administrative purposes, component for alleviating overcrowding, leveraged funds, and administrative capacity to carry out the objectives of the grant. | |
| TERM OF GRANT: |
The objectives of the grant shall normally be accomplished between 1 to 2 years. | |
| ELIGIBLE GRANT PURPOSES: |
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| REPORTING REQUIREMENTS & COMPLIANCE: |
The Grantee is required to submit a Financial Status Report (SF-269) and a performance report (Exhibit E-1) quarterly which should relate to the activities accomplished during the report period. USDA Rural Development will be responsible for reviewing the quarterly reports and final reports to determine if the grantee is complying with the Grant Agreement, Statement of Activities and the budget, and that the HPG project activity is completed and approved. At the close of the grant, the Grantee will be required to provide a final audit. | |
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Revised on: April 9, 2008 |