Rural Development funds available from HUD

It's a very short turnaround time: applications are due May 29, 2009. The Department of Housing and Urban Development (HUD) has just announced its FY 2009 solicitation for grant proposals under the Rural Housing and Economic Development Program. As in the past, a total of $26 million is available for this year's "RHED" grants. Eligible applicants include tribes, state housing finance agencies, state and local economic development agencies, rural nonprofits, and community development corporations. Projects must be in rural areas, which in this program is defined as either (a) a non-urban place [that's a Census term] having fewer than 2500 inhabitants, regardless of whether the place is inside or outside a metropolitan statistical area, (b) a county (or Louisiana parish) with 20,000 or fewer inhabitants, or (c) any place with 20,000 or fewer inhabitants that is not inside a metropolitan statistical area. The primary focus on this year's soliciation are strategies to address housing and housing finance in rural areas, but other possibilities exist. For more information, go on-line to www.hud.gov/rhed.
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