Request for Fund Reservation, using HUD Form 92015-CA, in response to the Notice of Fund Availability (or a Funding Notification issued by the local HUD Field Office). This program is excluded from coverage under OMB Circular No. A-110. Award procedure: Applications are reviewed and selected for funding within the funding allocation of the particular HUD Field Office. Those selected for funding must meet basic program requirements including, but not limited to: eligibility as a private nonprofit organization, commitment to provide the minimum capital investment and prior experience in housing or related supportive service activities. The Request for Capital Advance Financing, using HUD Form 92013, is reviewed to determine acceptability of project site and market, correctness of zoning, effect on environment, value of site and financial feasibility. Deadlines: Applications must be submitted within the time period specified in the Notice of Fund Availability (or Funding Notification), usually 60 to 90 days. Range of Approval/Disapproval Time: At the fund reservation stage, the sponsor usually is advised of the decision within 4 to 5 months from the end of the application period, but in any event, usually by the end of the same fiscal year (September 30). Appeals: None. Renewals: None. ELIGIBLE BENEFICIARIES: (a) Handicapped (e.g. Deaf, Blind, Crippled); (b) Physically Afflicted (e.g. TB, Arthritis,
|