HUD publishes advanced guidelines for Choice Neighborhood initiative – NMP Skip to main content

HUD publishes advanced guidelines for Choice Neighborhood initiative

May 21, 2010

The U.S. Department of Housing & Urban Development (HUD) has posted the Choice Neighborhood FY 2010 Notice of Funding Availability Pre-Notice to give potential applicants guidance prior to the actual Choice Neighborhoods funding notice, to be published this summer. The guidance offers advance details regarding the application process to compete for funds through this pilot program. "We want the Choice Neighborhood pilot program to build on the achievements and lessons learned under the HOPE VI program," said HUD Assistant Secretary for the Office of Public and Indian Housing Sandra B. Henriquez. "To do that, we believe it is absolutely necessary to inform our partners as early as possible of the tools they will need in place to be ready when the competition begins." The Pre-Notice outlines the core goals of the Choice Neighborhoods Initiative that Congress approved with the passage of HUD's FY 2010 budget. The information will help entities interested in applying for funding under Choice Neighborhoods better prepare for the Notice of Funding Availability, the official federal government application to obtain funding. "Posting guidance of this magnitude for upcoming funding availability is an unprecedented step for HUD," said Carol Galante, HUD Deputy Assistant Secretary for Multifamily Housing. "We hope this early guidance is helpful and we stand ready to respond to questions for further clarifications." This is the pilot year of the competitive program that will award up to $65 million to public housing authorities, local governments and non-profit organizations to extend neighborhood transformation efforts beyond the public and or assisted housing to link housing revitalization with education reform and early childhood education. One key feature in the pilot program is the requirement that any public housing or other HUD-assisted housing unit demolished under the program must be replaced with another unit unless there are valid, quantifiable reasons for exception. The program widens the traditional pool of eligible applicants by allowing for-profit developers to submit joint applications with a public entity. The Pre-Notice introduces key program elements and activities as well as the framework of the competition HUD will use to award this year's grants. While the nearly 20-year-old HOPE VI Revitalization Program has been successful at transforming neighborhoods with distressed public housing into revitalized mixed-income communities, Choice Neighborhoods aims to use a more comprehensive approach to community development with housing transformation as its center. The program also expands targeted units to include both public and assisted housing. For more information, visit www.hud.gov.
About the author
Published
May 21, 2010
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026