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FAIRFAX COUNTY APPLICATION FOR THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PRESERVATION AND REINVESTMENT INITIATIVE FOR COMMUNITY ENHANCEMENT (PRICE) MAIN COMPETITION June 24, 2024 Table

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What is preservation and reinvestment initiative?

The preservation and reinvestment initiative is a program aimed at maintaining and rehabilitating aging infrastructure while encouraging reinvestment in local communities to ensure sustainable growth.

Who is required to file preservation and reinvestment initiative?

Entities such as local governments, municipalities, and organizations that receive funding or grants related to community development typically are required to file a preservation and reinvestment initiative.

How to fill out preservation and reinvestment initiative?

To fill out the preservation and reinvestment initiative, applicants need to complete a designated form, provide detailed project descriptions, budget estimates, timelines, and demonstrate community impact.

What is the purpose of preservation and reinvestment initiative?

The purpose of the preservation and reinvestment initiative is to secure funding for the maintenance of community assets and to encourage economic development through strategic investments.

What information must be reported on preservation and reinvestment initiative?

Information such as project objectives, funding sources, expected outcomes, timelines, and community engagement activities must be reported on the preservation and reinvestment initiative.

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