The Department of Housing and Urban Development's mission is to increase homeownership, support community development and increase access to affordable housing free from discrimination. HUD fulfills this mission through high ethical standards, management and accountability, and by forming partnerships with community organizations.
Uses and Use Restrictions
The selected Administrator will be responsible for two major activities of the fellowship program:
Manage and administer the fellowship program at the national and local level (Activity 1); and 2.
Develop training curriculum and train fellows for the program (Activity 2).
No Credentials or documentation are required. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.
Aplication and Award Process
Environmental impact information is not required for this program.
This program is excluded from coverage under E.O.
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. A notice for the fellowship program will be published in the federal register as soon as a PRA number is supplied. A 60 day and 30 day notice has been published. HUD is awaiting OMB approval, and anticipates that it will have the notice published sometime in July.
Applications will be reviewed against published criteria, rated and rankled, and awards made to the highested ranking application.
Section 7 (k) of the Department of Housing and Urban Development.
Range of Approval/Disapproval Time
Announcement of award are anticipated on or before September 30th.
Formula and Matching Requirements
Statutory formulas are not applicable to this program. Matching requirements are not applicable to this program. MOE requirements are not applicable to this program.
Length and Time Phasing of Assistance
HUD will execute a cooperative agreement. Method of awarding/releasing assistance; by letter of credit. Method of awarding/releasing assistance: by letter of credit.
Post Assistance Requirements
Grant recipient will be required to submit four quarterly reports and one final report.
Grant recipients will be required to submit a financial report with their quarterly and final report.
Grant recipients are required to submit four quarterly progress reports that reflect the activities undertaken during the reporting period.
Expenditure reports are not applicable.
Performance monitoring is not applicable.
In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503. none
Must be kept in accordance with the terms and conditions of the grant.
(Cooperative Agreements) FY 16 $0; FY 17 est $0; and FY 18 est $0 - These funds were gifted to HUD pursuant to 42 U.S.C. 3535 (K) (l) by the Rockerfeller Foundation.
Range and Average of Financial Assistance
$2,500,000 grant will be awarded for a two year performance period.
Regulations, Guidelines, and Literature
Regional or Local Office
Sandra Susan Brunson 451 7th Street, Room 8230, Washington, District of Columbia 20410 Email: Susan.S.Brunson@hud.gov Phone: 2024023852
Criteria for Selecting Proposals
Hong Kong is one of those places that combines all the fundamentals for social enterprise. It comprises of a global financial hub, a highly educated and innovative population, and sufficient government and business support geared to address a myriad of social problems.