Opportunity Title:
Foster Youth to Independence (FYI) Competitive NOFO for Fiscal Year (FY) 2022
Opportunity Number:
FR-6600-N-41
Description:
The U.S. Department of Housing and Urban Development (HUD) issues this Notice of Funding Opportunity (NOFO) to invite applications from eligible applicants for the program and purpose described within this NOFO. Prospective applicants should carefully read all instructions in all sections to avoid sending an incomplete or ineligible application. HUD funding is highly competitive. Failure to respond accurately to any submission requirement could result in an incomplete or noncompetitive proposal. This NOFO announces the availability of approximately $15 million for incremental voucher assistance to provide adequate housing for youth at least 18 years and not more than 24 years of age (have not reached their 25th birthday) who left foster care, or will leave foster care within 90 days, in accordance with a transition plan described in Section 475(5)(H) of the Social Security Act, and are homeless or are at risk of becoming homeless at age 16 or older aging.
Eligibility:
Only PHAs that have an existing Annual Contributions Contract (ACC) with HUD for HCVs are eligible to apply for funding under this announcement. PHAs wishing to share the administration of the program with another PHA may apply jointly, however, the Annual Contributions Contract (ACC) will be solely with the lead PHA applicant and all reporting must be submitted via the lead PHA applicant.
Total Amount Available:
$15,300,000
Maximum Award:
$1,200,000
Minimum Award:
$51,000
Application Deadline:
August 9, 2022
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.