FY 2014 CoC Funding Notice Webcast
Notice of Funding Availability (NOFA) for the Fiscal Year (FY) 2014 Funds in the FY 2013-FY 2014 Continuum of Care Competition Office of Special Needs Assistance Programs September xx, 2014
FY 2014 CoC Funding Notice Webcast Notice of Funding Availability - - PowerPoint PPT Presentation
FY 2014 CoC Funding Notice Webcast Notice of Funding Availability (NOFA) for the Fiscal Year (FY) 2014 Funds in the FY 2013-FY 2014 Continuum of Care Competition Office of Special Needs Assistance Programs September xx, 2014 Broadcast
Notice of Funding Availability (NOFA) for the Fiscal Year (FY) 2014 Funds in the FY 2013-FY 2014 Continuum of Care Competition Office of Special Needs Assistance Programs September xx, 2014
13% 87%
Approved for UFA Not Approved for UFA
PSH for chronically homeless persons Rapid Re- Housing for homeless households w/children
request a per-unit amount less than the FMR; based
that have large balances of unspent funds at the end of the operating year.
eligible costs as HUD cannot provide funds beyond what is awarded through the competition.
published FMR.
MUST request use FMR (24 CFR 578.51(f)).
100% Chronically Homeless Scattered-site Leasing, Tenant or Project based Rental Assistance, or Operating Costs Good Standing 70% Leasing, Rental Assistance, or Operating Costs Rapid Implementation Mainstream Service Systems Coordinated Assessment System
CoC Need:
Maximum: 60 points Project Quality
CoC Applications: 5 pts.
Maximum: 40 points
made to ARD.
grant agreement by December 31.
and the CoC realizes this after the grace period ends, no new funds will be added to ARD and the Tier 1 amount will remain the same.
submit an application.
depending on where it is placed.
ARA Amount After Error on GIW is Realized Project Amounts After 19.82% Across the Board Cut Project 1 $ 100,000 $ 80,180.00 Project 2 $ 200,000 $ 160,360.00 Project 3 $ 100,000 $ 80,180.00 Project 4 $ 50,000 $ 40,090.00 Project 5 Added After Grace Period $ 100,000 $ 80,180.00 NEW TOTAL Projects Eligible for Renewal $ 550,000 $ 440,990.00 CoC's ARD Remains at: $ 450,000 Tier 1 Remains at: $ 441,000 Across the Board Cut Required to Have All Renewals in Tier 1 19.82% Final HUD-Approved ARA Amount on GIW Project 1 $100,000 Project 2 $200,000 Project 3 $100,000 Project 4 $50,000 CoC’s ARD $450,000 2 Percent Cut $9,000 Tier 1 $441,000
Program Competition
7:59:59 pm, eastern time, October 30, 2014
Exchange website and proofread each application!
days prior to the HUD application deadline if their project application has been rejected