Description
The Rural Housing Service (RHS) is announcing the availability of funding under its Housing Preservation Grant (HPG) program. The HPG program provides grant funds to qualified public agencies, private nonprofit organizations, and other eligible entities to assist very low- and low-income homeowners in repairing and rehabilitating their homes in rural areas. The program also assists rental property owners and cooperative housing complexes in repairing and rehabilitating their units if they agree to make such units available to low- and very low-income persons.
• The program is a grant program with approximately $2.5 million of FY2023 funding available for disaster assistance, with a maximum award of $50,000.
• Eligible applicants include State governments, City or township governments, County governments, Native American tribal organizations, Nonprofits that do not have a 501(c)(3) status with the IRS, Nonprofits having a 501(c)(3) status with the IRS, and others.
• The program aims to assist very low- and low-income homeowners in repairing and rehabilitating their homes in rural areas.
• The program also assists rental property owners and cooperative housing complexes in repairing and rehabilitating their units if they agree to make such units available to low- and very low-income persons.