Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
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c) implement applied research techniques to document and disseminate mainstream, scalable approaches helpful in the process retrofitting affordable multifamily properties

For this program, HUD will be granting two kinds of awards, first would be for Financing Demonstrations and the other one would be for Applied Research Demonstrations.

HUD has allocated an anticipated ceiling budget amounting to $25 million for this project. Interested applicants are required to submit their applications electronically to the Grants.gov website. Deadline of such applications will be on October 20, 2011.

Interested applicants will be deemed eligible to apply for this program when they are/belong to any of the following:

a) Treasury-certified community development financial institutions

b) National, regional, or local private or non-profit entities currently administering affordable housing development and rehabilitation programs

c) Special purpose financing entities such as housing trust funds whose primary intent is the preservation and rehabilitation of affordable rental housing services for low-income households

d) Nonprofit or for-profit organizations that own or control a significant portfolio of Eligible Multifamily Properties

The Department of Housing and Urban Development, the primary agency funding this program, is the government's principal agency responsible for increasing homeownership, supporting community development and increasing access to affordable housing opportunities.


Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Minority Grants

Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
Pursuant to the Consolidated Appropriations Act of 2010, the Department of Housing and Urban Development(HUD), has recently announced a funding opportunity entitled Energy Innovation Fund: Multifamily Pilot Program.

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Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.

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Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.

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Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.

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