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Affordable Housing Development in Main Street Rejuvenation Projects

Program Information

Popular name

(Main Street)

Program Number

14.878

Program objective

To assist small communities with populations of 50,000 or less and 100 Public Housing units or less in the rejuvenation of historic or traditional central business districts or "Main Street Areas" by replacing unused commercial space in buildings with Affordable housing units. The objectives of the program are to: (1) Redevelop Main Street Areas; (2) Preserve historic or traditional architecture or design features in Main Street Areas; (3) Enhance economic development efforts in Main Street Areas; and (4) Provide affordable housing in Main Street Areas.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

  1. 2020

    HUD provided $1 million for grants for small communities to assist in the renovation of an historic or traditional central business district or “Main Street” area by replacing unused, obsolete, commercial space in buildings with affordable housing units.

  2. 2021

    The program awarded three (3) grantees.

  3. 2024

    In FY24, HUD provided 4 awards

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

Authorizing legislation in Section 24 of the 1937 Housing Act is extremely detailed. No regulations have been published. Main Street housing development is processed using HUD's Office of Public and Indian Housing Mixed-finance regulations detailed in 24 CFR 905.600, or HOPE VI homeownership regulations under Section 24 of the 1937 Act. Each grant is subject to the terms of its NOFO and Grant Agreement, which is the contract signed by the Grantee and HUD. HUD posts guidance on its Main Street website at https://www.hud.gov/mainstreet with links to Main Street's most recent NOFO, program summaries, general guidance materials, mixed-finance guidance materials, and relevant statutes, regulations and notices. This web site provides Grantees with information on timelines, budgets, financial instructions, and other program guidance.

Program details

Categories & sub-categories

Housing

Program types

Eligible beneficiaries

  • Builder/Contractor/Developer
  • Individual/Family
  • Land/Property Owner
  • Local
  • Low Income
  • Other public institution/organization
  • Rural
  • Suburban
  • U.S. Territories

Additional resources