Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Competition
ID: 352690Type: Posted
Overview

Buyer

Department of Housing and Urban Development (HUD)

Award Range

$500K - $75M

Eligible Applicants

Unrestricted

Funding Category

Housing

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/352690

Additional Information

https://hud.gov/program_offices/comm_planning/price
Timeline
    Description

    The Department of Housing and Urban Development (HUD) is offering the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Competition, a federal grant aimed at preserving and revitalizing manufactured housing and communities to benefit low- and moderate-income residents. This initiative seeks to address the significant challenges faced by over 22 million Americans living in manufactured housing, including issues related to affordability, infrastructure, and environmental resilience. With an estimated total program funding of $225 million, HUD anticipates awarding approximately 25 grants, with a minimum request of $5 million for most applicants and $500,000 for Tribal applicants. Interested parties can find more information and submit inquiries to PRICE@hud.gov, with applications due by July 10, 2024.

    Point(s) of Contact
    PRICE@hud.gov
    Files
    Title
    Posted
    HUD-424CBW.xlsx
    The HUD-424-CBW is a Grant Application Detailed Budget Worksheet utilized for federal grants under the Department of Housing and Urban Development (HUD). This form, effective until February 28, 2027, collects comprehensive financial data required for grant proposals, delineating various budget categories, including Personnel, Fringe Benefits, Travel, Equipment, Supplies, Consultants, and Construction Costs. Each section mandates detailed estimates for costs associated with direct labor, fringe benefits, travel expenses, and materials, indicating HUD's and other contributors' shares. The document outlines the structured process for entering data related to project financing, matching funds, and additional income sources, ensuring accountability and transparency in fund allocation. Specific instructions detail how to calculate and report costs, including administrative fees and indirect costs. Applicants are expected to provide clarity on each expense category, which will facilitate the selection of grant applicants based on comprehensive budget assessments. Overall, the HUD-424-CBW emphasizes precise recording of grant-related expenses, supporting the federal government's effort to promote effective use of financial resources in eligible housing and community development projects while ensuring compliance with regulatory standards.
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