HOPE VI Main Street Grant Program
Description
This program provides grants to small communities to support the renovation of historic or traditional central business districts or Main Street areas. The program entails replacing unused, obsolete, commercial space in Main Street buildings with affordable housing units.
The grant funds can be used to build new affordable housing or to reconfigure obsolete or surplus commercial space (or extremely substandard, vacant housing) into affordable housing units. General infrastructure and commercial development are not allowable uses.
Eligibility
County, city, township, or special district governments in communities with population of 50,000 or less
Role In Creative Placemaking
These funds could be used to create affordable artist housing for creatives living and working on a targeted corridor.
Match
5%
Role in Creative Placemaking
This section represents our attempt to capture how this specific funding opportunity might fit into a placemaking initiative.
Eligibility
Who can apply? Eligibility is often limited, but in partnership with other entities you may identify an access point, such as subgrant opportunities. This information can help you determine which potential partners in your community might be able to access the funds.
Previous Projects/Grantees
These examples show how these funds have been used for creative or placemaking endeavors in the past, the types of organizations that have successfully accessed the funds and/or the types of activities for which the funds can be used.
Max Award
Maximum funding amounts can vary from year to year. We have provided the most recent information available. Where available, we also include a median or a range in cases in which the maximum is not typical of an average award.
Match Requirement
Most federal programs require some form of cost sharing. This is expressed differently for different agencies and programs. Sometimes a direct 1:1 match is specified. Other times, the application will state the maximum percentage of a project cost that the funding award can cover. We include this information, where available, in order to give you a sense of what to expect when applying for a particular funding program.
Compliance
Most federal funding programs will require financial and progress reports at least annually, along with a final report. We consider this to be a "moderate" compliance burden. Where a higher degree of data collection and reporting is indicated, we convey that information with a "substantial" rating.