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Alternative Methods For Calculating Fair Market Rents (FMRs) in Rental Markets With Rapidly Rising Rents

Grants to USA Nonprofits, Agencies, IHEs, Tribes, and
School Districts for Research Related to Housing Costs

Agency Type:

Federal

Funding Source:

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U.S. Department of Housing and Urban Development (HUD) - Policy Development and Research (PDR)

Deadline Date:

07/27/20 11:59:59 PM Eastern Standard Time

Description:

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Grants to USA nonprofit organizations, government agencies, special district governments, businesses, IHEs, tribes, and school districts for housing-related research projects. Applicants are advised that required registrations may take four weeks or longer. Funding is intended to support the study of alternative methods for calculating Fair Market Rents (FMRs) in rental markets with rapidly rising rents. Preference will be given to Historically Black Colleges and Universities (HBCU).

HUD is soliciting proposals for research that will accomplish the following:

  1. Define “rental markets with rapidly rising rents”
  2. Identify alternative calculations to generate FMRs that more closely track market conditions in rapidly rising rental markets than current methods. This may include, but is not limited to, alternative sources of gross rent data and/or alternative calculation methodologies using existing data.

The primary objective of this project is to identify better methods for calculating FMRs for markets in disequilibrium where rents are rising rapidly and FMRs calculated using current methods coupled with current payment standard authority are insufficient to enable Housing Choice Voucher families to find and lease suitable units within the search time allowed.  In addition to the primary objective, this research should consider whether the alternative calculation methods should be applied to the calculation of Fair Market Rents in all types of housing markets.

GrantWatch ID#:

GrantWatch ID#: 190267

Estimated Total Program Funding:

$500,000

Number of Grants:

HUD expects to make approximately 3 awards from the funds available under this NOFA.

Estimated Size of Grant:

HUD may award one or more cooperative agreements, with the total of all awards not to exceed $500,000. The award floor is $100,000

Term of Contract:

- Estimated Project Start Date: 09/02/2020
- Estimated Project End Date: 09/02/2021
- Length of Project Periods: 12-month project period and budget period

Eligibility:

  • City or township governments
  • County governments
  • For profit organizations other than small businesses
  • Independent school districts
  • Indian housing authorities
  • Native American tribal governments (Federally recognized)
  • Native American tribal organizations (other than Federally recognized tribal governments)
  • Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
  • Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
  • Private institutions of higher education
  • Public and State controlled institutions of higher education
  • Public housing authorities
  • See RFP and/or Grant Guidelines for full eligibility
  • Small businesses
  • Special district governments
  • State governments

Additional Eligibility Criteria:

- State governments
- County governments
- City or township governments
- Small businesses
- For profit organizations other than small businesses
- Private institutions of higher education
- Nonprofits without 501(c)(3) status with the IRS, other than institutions of higher education
- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
- Native American tribal organizations (other than Federally recognized tribal governments)
- Public housing authorities/Indian housing authorities
- Native American tribal governments (Federally recognized)
- Public and State controlled institutions of higher education
- Independent school districts
- Special district governments

Information on Eligible Applicants:
Tribally Designated Housing Entities as defined by Section 4(22) of NAHASDA and Tribes as defined by Section 4(13) of NAHASDA are eligible to compete for, or receive, awards made under this announcement.

Ineligible Applicants.
Individuals, Foreign entities are not eligible to compete for, or receive, awards made under this announcement. HUD will not evaluate applications from ineligible applicants.

Pre-Application Information:

- Publication Date: June 2, 2020
- Application Due Date: Aug 04, 2020 The application deadline is 11:59:59 pm Eastern Standard time

HUD strongly recommends applications be submitted at least 48 hours before the deadline and during regular business hours to allow enough time to correct errors or overcome other problems.

This Program does not require cost sharing or matching.

Required Registrations:
1. SAM Registration Requirement - Applicants must be registered with https://www.sam.gov/SAM before submitting their application.
2. DUNS Number Requirement - Applicants must provide a valid DUNS number, registered and active at https://www.sam.gov/SAM, in the application. DUNS numbers may be obtained for free from Dun & Bradstreet at https://www.dnb.com/.
3. Requirement to Register with Grants.gov - Anyone planning to submit applications on behalf of an organization must register at grants.gov and be approved by the EBiz POC in SAM to submit applications for the organization.
Registration for SAM and grants.gov is a multi-step process and can take four (4) weeks or longer to complete if data issues arise. Applicants without a valid registration cannot apply through grants.gov. Complete registration instructions and guidance are provided on grants.gov

Proposals to Update the Fair Market Rent Formula: https://www.huduser.gov/portal/publications/Proposals-To-Update-the-Fair-Market-Rent-Formula.html

In developing research proposals in response to this NOFA, there are several existing resources that HUD expects applicants to review. See https://www.hud.gov/sites/dfiles/SPM/documents/FR-6400-N-60.pdf#page=6.

View this opportunity on Grants.gov: https://www.grants.gov/web/grants/view-opportunity.html?oppId=327450
‘For a list of application documents, see the Package tab (press Preview) on the Grants.gov page above.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Agency Contact:
Kinnard Wright
Kinnard.D.Wright@hud.gov
202-402-7495

Persons with hearing or speech impairments may access via TTY by calling the toll-free Federal Relay Service at 800-877-8339. Please note that HUD staff cannot assist applicants in preparing their applications

CFDA Number:

14.536

Funding or Pin Number:

FR-6400-N-60

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

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