HUD Demonstration Sets Aside $8.7M for ‘Success’ Projects

us-department-of-housing-and-urban-developmentAgency: HUD; Program: Pay for Success Permanent Supportive Housing Demonstration (CFDA Number: 14.273) (Funding Opportunity Number: FR-5900-N-26); Eligibility: Nonprofits (projects which focus on families with children are encouraged to apply); Funding: $8.7 million for six awards (no match required); Deadline: Feb. 12.

Summary: DOJ and HUD are partnering to advance Pay for Success (PFS), one promising model for financing services that can attract additional, non-traditional sources of funding. These grants support public-private arrangements that enable a government to test or expand innovative programs while paying only for those that achieve agreed-upon target outcomes. Specifically, the purpose of this PFS demonstration is to strengthen communities’ ability to prevent and end homelessness and reduce avoidable incarceration. The PFS Demonstration is an opportunity to equip communities with a new financing mechanism for funding PSH projects that will prevent returns to homelessness and reduce recidivism among the reentry population.  

Info:  http://tinyurl.com/p5ggumn (NOFA); Marlisa Grogan, 202/402-4350, Marlisa.M.Grogan@hud.gov

About Frank Klimko

Frank Klimko is a nationally known journalist, grants expert and speech writer/speaker. He has years of experience helping nonprofits devise lists of the right funding opportunities and secure funding from these foundations and corporate entities. Clients have focused on an array of areas including child care, homeless, hunger and K-12 education. Additionally, he is a Freedom of Information Act expert, who has helped numerous clients with securing proprietary information from the federal government. Currently, Frank Klimko writes the Children & Youth Funding Report and Private Grants Alert, which are Washington DC-based publications. CYF is a daily publication covering Congress, the Education Dept. and the various federal regulatory agencies. PGA, another daily publication, covers the world of private philanthropy.
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