Funding Level: $742,562
Overview: The Native American Housing Block Grant program funds new construction, acquisition, rehabilitation, including energy efficiency and conservation, and infrastructure development activities. Funds can also be used to leverage private sector financing for new construction, renovation and energy retrofit investments. In selecting projects to be funded with Recovery Act funds, recipients shall give priority to projects for which contracts can be awarded within 180 days from the date that such funds are available to the recipient. Tribes/TDHEs will be required to obligate 100 percent of their funds within one year of the date funds are made available, expend at least 50 percent of such funds within two years of the date in which funds became available, and expend 100 percent of such funds within three years of such date. If a recipient fails to comply with the two year expenditure requirement, funds will be recaptured and reallocated under the formula to tribes that comply with this requirement. If a recipient fails to comply with the three year expenditure requirement, the balance of the funds originally awarded to the recipient will be recaptured.
For More Information: http://www.hud.gov/recovery/native-american-formula.cfm
Federal Contact: Department of Housing and Urban Development
State Contact: Florida Office of Economic Recovery