Opportunity Information: Apply for FR 6700 N 03
The FY2023 HOPE VI Main Street Grant Program is a discretionary grant opportunity from the U.S. Department of Housing and Urban Development (HUD) designed to help small communities bring new life to traditional downtown or "Main Street" areas. The core idea is straightforward: communities can use grant funding to convert unused, obsolete, or surplus commercial space in existing buildings into affordable housing, helping stabilize downtown districts while preserving the character of historic or long-established commercial corridors. In some cases, the program can also support new construction of affordable housing, or the conversion of extremely substandard and vacant housing, as long as the work aligns with the Main Street revitalization purpose.
The program has several connected objectives that revolve around both redevelopment and preservation. It aims to redevelop central business districts, preserve historic or traditional Main Street properties by giving underused commercial buildings a productive new role, strengthen local economic development efforts by increasing downtown residency and activity, and expand the supply of affordable housing in these walkable, community-centered areas. In practical terms, the program encourages projects that turn empty upper floors, vacant storefront-adjacent space, or outdated commercial layouts into housing units that serve income-qualified residents, supporting downtown foot traffic and making revitalization efforts more sustainable over time.
HUD places clear limits on how the money can be used. The Main Street grant funds are intended for housing-focused development activities, such as building new affordable units or reconfiguring commercial space into apartments. The funds cannot be used for general infrastructure improvements (for example, broad street or utility upgrades that are not part of the housing development scope) and cannot be used for purely commercial development. Another key requirement is affordability: the Main Street housing units produced with these funds must be affordable to the initial residents who move into the units, consistent with the program's use restrictions described in the Notice of Funding Opportunity (NOFA). This means applicants must plan for and document how they will meet HUD's affordability rules at initial occupancy, not just during construction.
Eligibility is focused on units of local government that are already engaged in Main Street revitalization or rejuvenation efforts and that meet specific population and public housing unit thresholds described in the NOFA. The eligible applicant types listed include county governments, city or township governments, and special district governments. The program is meant to target smaller communities rather than large metropolitan areas, and it is structured to support places that have an active downtown reinvestment context in which housing conversion can make a measurable difference.
From a funding and timeline standpoint, the opportunity is identified as Funding Opportunity Number FR 6700 N 03 under CFDA (now Assistance Listing) 14.878, with awards issued as grants. HUD anticipated making about 4 awards, with an award ceiling of up to $1,000,000 per award. The opportunity was created on June 14, 2023, and the original application closing date was October 12, 2023, with a submission deadline of 11:59:59 PM Eastern Time on that date.Apply for FR 6700 N 03
- The US Department of Housing and Urban Development in the housing sector is offering a public funding opportunity titled "FY2023 HOPE VI Main Street Grant Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 14.878.
- This funding opportunity was created on Jun 14, 2023.
- Applicants must submit their applications by Oct 12, 2023 The application deadline is 115959 PM Eastern time on. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $1,000,000.00 in funding.
- The number of recipients for this funding is limited to 4 candidate(s).
- Eligible applicants include: County governments, City or township governments, Special district governments.
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FY2023 HOPE VI Main Street Grant Program (HUD) - FAQs
What is the FY2023 HOPE VI Main Street Grant Program?
The FY2023 HOPE VI Main Street Grant Program is a discretionary grant opportunity from the U.S. Department of Housing and Urban Development (HUD). It is designed to help small communities revitalize traditional downtown or "Main Street" areas by creating affordable housing in existing, underused buildings (and in limited cases through new construction or certain housing conversions) tied to Main Street revitalization goals.
What is the main purpose of this grant?
The central purpose is to bring new life to downtown or Main Street districts by converting unused, obsolete, or surplus commercial space in existing buildings into affordable housing. The housing focus is intended to stabilize downtowns, increase resident activity, and support long-term revitalization while preserving the character of historic or long-established commercial corridors.
What types of properties or spaces are targeted for conversion?
The program is aimed at existing buildings with commercial space that is unused, obsolete, or surplus. Examples described include empty upper floors, vacant spaces adjacent to storefronts, or outdated commercial layouts that can be reconfigured into apartments.
Are projects limited to converting commercial space, or can they include new construction?
While the core concept is conversion of commercial space in existing buildings, the program can also support new construction of affordable housing in some cases. It may also support conversion of extremely substandard and vacant housing, as long as the work aligns with the Main Street revitalization purpose.
What are the program objectives beyond creating housing?
The program connects housing development to downtown revitalization goals. Objectives include redeveloping central business districts, preserving historic or traditional Main Street properties by giving underused buildings a productive new role, strengthening local economic development by increasing downtown residency and activity, and expanding the supply of affordable housing in walkable, community-centered areas.
What kinds of activities can grant funds be used for?
Main Street grant funds are intended for housing-focused development activities. This includes building new affordable housing units and reconfiguring or converting eligible commercial space into affordable apartments.
What kinds of activities are not allowed with these funds?
The funds cannot be used for general infrastructure improvements, such as broad street or utility upgrades that are not part of the housing development scope. The funds also cannot be used for purely commercial development.
Can the grant be used to support general downtown improvements like streetscapes or utility upgrades?
No. The description provided states that the funds cannot be used for general infrastructure improvements (for example, broad street or utility upgrades) when those upgrades are not part of the housing development scope.
Can the grant be used for purely commercial redevelopment?
No. The program description specifies that Main Street grant funds cannot be used for purely commercial development.
What affordability requirements apply to the housing units created?
A key requirement is that Main Street housing units produced with these funds must be affordable to the initial residents who move into the units, consistent with the program use restrictions described in the Notice of Funding Opportunity (NOFA). Applicants are expected to plan for and document compliance with HUD's affordability rules at initial occupancy, not only during construction.
Does affordability have to be demonstrated only after construction is complete?
No. The information provided emphasizes that applicants must plan for and document how they will meet HUD affordability rules at initial occupancy, not just during construction.
Who is eligible to apply for the HOPE VI Main Street grant?
Eligibility is focused on units of local government that are already engaged in Main Street revitalization or rejuvenation efforts and that meet specific population and public housing unit thresholds described in the NOFA.
What applicant types are listed as eligible?
The eligible applicant types listed include county governments, city or township governments, and special district governments.
Is this program intended for large metropolitan areas?
No. The program is described as targeting smaller communities rather than large metropolitan areas, focusing on places where downtown housing conversion can make a measurable difference within an active reinvestment context.
What is the Funding Opportunity Number for this program?
The Funding Opportunity Number is FR 6700 N 03.
What is the Assistance Listing (formerly CFDA) number for this opportunity?
The CFDA (now Assistance Listing) number is 14.878.
What type of award is offered under this opportunity?
Awards are issued as grants.
How many awards did HUD anticipate making?
HUD anticipated making about 4 awards.
What is the maximum award amount?
The award ceiling is up to $1,000,000 per award.
When was this funding opportunity created?
The opportunity was created on June 14, 2023.
What was the original application closing date and time?
The original application closing date was October 12, 2023, with a submission deadline of 11:59:59 PM Eastern Time.
Where are the detailed eligibility thresholds and use restrictions defined?
The information provided indicates that population and public housing unit thresholds, along with the affordability rules and other use restrictions, are described in the Notice of Funding Opportunity (NOFA).
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| Funding Opportunity |
|---|
| Community Development Block Grant Program for Indian Tribes and Alaska Native Villages Apply for FR 6700 N 23 Funding Number: FR 6700 N 23 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $5,000,000 |
| Notice of Funding Opportunity (NOFO) for Fiscal Year (FY) 2023 Continuum of Care Competition and Renewal or Replacement of Youth Homeless Demonstration Program Grants Apply for FR 6700 N 25 Funding Number: FR 6700 N 25 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $15,000,000 |
| HUDRD - Exploring Office to Residential Conversions (HUDRD-EORC) Apply for FR 6700 N 29L Funding Number: FR 6700 N 29L Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $860,000 |
| Barriers to Home Ownership for Members of the Armed Forces Study; Report Apply for HQ003423NFOEASD15 Funding Number: HQ003423NFOEASD15 Agency: Department of Defense, Washington Headquarters Services Category: Housing Funding Amount: $100,000 |
| FY 2023 Choice Neighborhoods Implementation Grants Apply for FR 6700 N 34 Funding Number: FR 6700 N 34 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $50,000,000 |
| Lead and Healthy Homes Technical Studies (LHHTS) Grant Program Apply for FR 6700 N 15 Funding Number: FR 6700 N 15 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $1,000,000 |
| Healthy Homes Production Grant Program Apply for FR 6700 N 44 Funding Number: FR 6700 N 44 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $2,000,000 |
| HUD FY2023 Healthy Homes and Weatherization Cooperation Demonstration Apply for FR 6700 N 62 Funding Number: FR 6700 N 62 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $1,000,000 |
| Fair Housing Initiatives Program - Education and Outreach Initiative Apply for FR 6700 N 21 A Funding Number: FR 6700 N 21 A Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $1,300,000 |
| Fair Housing Initiative Program - Fair Housing Organizations Initiative Apply for FR 6700 N 21 B Funding Number: FR 6700 N 21 B Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $1,880,000 |
| Fair Housing Initiatives Program – Private Enforcement Initiative Apply for FR 6700 N 21 C Funding Number: FR 6700 N 21 C Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $400,000 |
| Self-Help Homeownership Opportunity Program (SHOP) Apply for FR 6700 N 19 Funding Number: FR 6700 N 19 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $13,500,000 |
| Section 811 Project Rental Assistance for Persons with Disabilities Apply for FR 6700 N 53 Funding Number: FR 6700 N 53 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $8,000,000 |
| Section 811 Supportive Housing for Persons with Disabilities (Capital Advance) Apply for FR 6700 N 49 Funding Number: FR 6700 N 49 Agency: US Department of Housing and Urban Development Category: Housing Funding Amount: $5,000,000 |
| Choice Neighborhoods Implementation Grant Program Apply for FR 6000 N 34 Funding Number: FR 6000 N 34 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $30,000,000 |
| Choice Neighborhoods Implementation Grant Program (Technical Correction) Apply for FR 6000 N 34 TC Funding Number: FR 6000 N 34 TC Agency: Department of Housing and Urban Development Category: Housing Funding Amount: Case Dependent |
| Fiscal Year 2023 Homeownership Initiative Apply for FR 6700 N 90 Funding Number: FR 6700 N 90 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $3,000,000 |
| VA Supportive Services for Veteran Families Program Apply for VA SSVF 2025 Funding Number: VA SSVF 2025 Agency: Supportive Services for Veteran Families Category: Housing Funding Amount: $740,000,000 |
| FY23 NOFO Housing Counseling Training Grant Program Apply for FR 6700 N 30 Funding Number: FR 6700 N 30 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $2,750,000 |
| The Youth Homelessness System Improvement (YHSI) Grants Apply for FR 6700 N 96 Funding Number: FR 6700 N 96 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $2,000,000 |
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