Woonsocket is currently accepting applications for funding from the Community Development Block Grant (CDBG) Program and HOME Investment Partnerships Program (HOME). Only certified Community Housing Development Corporations (CHDOs) are eligible to use this application for HOME Investment Partnership Program funds.
For federal grant funding, it is required, at a minimum, that 51% of all clients benefiting from the service or activity have household incomes at or below 80% of the HUD Median Family Income (MFI). Activities that exclusively serve a group of persons in any one or a combination of the following categories may be presumed to benefit persons, 51 percent or whom are low- and moderate-income: abused children, battered spouses, elderly persons, adults meeting the definition of “severely disabled,” homeless persons, illiterate adults, persons living with AIDS, and migrant farm workers.
A summary of the programs covered by this NOFA is below:
CDBG–funded programs and projects carry out a wide range of community development activities directed toward neighborhood revitalization, economic development, and the provision of improved community facilities and services. Activities must benefit low- and moderate-income residents and be in line with HUD’s national objectives.
HOME–funded programs and projects provide safe and affordable housing to low- and moderate- income persons in the City. Funding can be used to finance single and rental-housing rehabilitation, as well as first-time homeownership programs. This NOFA covers the funding for certified Community Housing Development Organizations.
For Eligible Activities and Eligible Costs, see the Application document in Supporting Documents below.