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The City of Detroit\'s Housing and Revitalization Department is pleased to release this Notice of Funding Availability (NOFA) to provide affordable housing developers and owners the opportunity to apply for financial support for projects that address housing challenges in Detroit neighborhoods. The funding available aims to support the preservation, rehabilitation, and/or development of affordable housing units in the city.

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What is notice of funding availability?

A notice of funding availability (NOFA) is an announcement issued by a government agency or organization regarding the availability of funds for specific programs or projects. It outlines the eligibility criteria, application process, and funding amounts for interested parties.

Who is required to file notice of funding availability?

Typically, federal or state agencies that are responsible for administering public funds are required to file a notice of funding availability. This can also include non-profit organizations and private entities that are managing public sector funds.

How to fill out notice of funding availability?

To fill out a notice of funding availability, an organization must provide detailed information such as the funding purpose, eligible applicants, application deadlines, funding amounts, and the criteria for selecting applications. Clear instructions and any necessary forms should also be included.

What is the purpose of notice of funding availability?

The purpose of a notice of funding availability is to inform potential applicants about available funding opportunities, ensure transparency in the funding process, and encourage participation from eligible entities in applying for financial assistance.

What information must be reported on notice of funding availability?

A notice of funding availability must report information such as the program's objectives, eligibility requirements, application procedures, deadlines, review process, criteria for selection, and the total amount of funds available for distribution.

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