Need help finding federal funding sources for your projects? Try our new and improved Funding Tool

Housing Preservation Grants (HPG)

Federal Agency

Sub-Department

Rural Development

Purpose

To assist rental property owners and cooperative housing complexes in repairing and rehabilitating units made available to low- and very low-income rural citizens.

Applicant and/or Project Eligibility Requirements

Applicants must have the necessary background and experience with proven ability to perform the responsibility of repair and rehabilitation of low-income housing. Eligible areas include rural areas and towns with 20,000 or fewer people, and Federally Recognized Tribal lands.

Decarbonization Considerations

Consider reviewing state LIHEAP eligible use guidelines. While energy bill assistance will remain the priority, consider whether energy efficiency improvements (particularly of furnace, water heater, or AC replacement) could be further expanded. Focus on improvements that will create safer, more efficient living environments by replacing old wiring, improving insulation, and installing high efficiency heating and cooling systems, including heat pumps. Not only will this improve the health and safety of the house, but it will help low-income households save money with more energy efficiency.

Equity Considerations

Program is exclusively for low-income families and households in rural and Tribal communities.

Helpful Tips

To assist with any inquiries and/or resources in your area, please see the Rural Development State Office for your state. Eligible expenses include repairing or replacing electrical wiring, foundations, roofs, insulation, heating systems and water/waste disposal systems; handicap accessibility features; labor and materials; administrative expenses etc.

Other Notes

$2.2 million of this funding is reserved for disaster assistance. Check the eligible rural areas here: http://eligibility.sc.egov.usda.gov/

Deadline (Announced or Anticipated)

July 29, 2024

Funding Available

$12,200,000

Max Award Amount

$50,000 for Presidentially Declared Disaster Areas

Expected Allocations

80-120

Average Award (Estimated)

$122,000

Matching Funds

Not required

Go to Program Website
Top