HUD Releases NOFA for Section 515 Rural Rental Housing Program for Fiscal Year 2000

Summary

The U.S. Department of Housing and Urban Development (HUD) has released a Notice of Funding Availability (NOFA) for the section 515 Rural Rental Housing (RRH) loan funds and section 521 Rental Assistance (RA) for new construction, including set-asides for eligible nonprofit entities, Underserved Counties and Colonias, Empowerment Zones and Enterprise Communities, and Rural Economic Area Partnership communities. The NOFA outlines the methodology for distributing funds, application process, and submission requirements.