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Demolition and Revitalization of Severely Distressed Public Housing

Published on AidPage by IDILOGIC on Jun 24, 2005

How much financial aid...

Range and Average of Financial Assistance

The Revitalization Grants awarded in FY 03 ranged from $1.8 to $20 million, with an average of $17.7 million. The maximum grant amount was set at $20 million. Demolition-only grants awarded in FY 03 ranged from $60,000 to $4.8 million, with an average of $1.03 million. Demolition grants have no maximum, though applicants may request only up to $6,000 per unit for demolition and other eligible related costs.

Note: This section lists the representative range (smallest to largest) of the amount of financial assistance available. These figures are based upon funds awarded in the past fiscal year and the current fiscal year to date. Also indicated is an approximate average amount of awards which were made in the past and current fiscal years.

Obligations

(Grants) FY 03 $595,144,000; FY 04 $567,530,000; FY 05 $141,000,000.

Note: The dollar amounts listed in this section represent obligations for the past fiscal year (PY), estimates for the current fiscal year (CY), and estimates for the budget fiscal year (BY) as reported by the Federal agencies. Obligations for non-financial assistance programs indicate the administrative expenses involved in the operation of a program.

Account Identification

86-0218-0-1-604.

Note: Note: This 11-digit budget account identification code represents the account which funds a particular program. This code should be consistent with the code given for the program area as specified in Appendix III of the Budget of the United States Government.