On August 23, 2013, HUD held a webcast on the 2012 Continuum of Care competition. In FY2012, eight new projects were funded in NJ. This number is dramatically lower than what was awarded in FY2011. In FY13 the funding will be even smaller due to the sequester.
The debriefing video provides an overview of the FY2012 CoC Program Competition, including highlights from the FY2012 competition. The webcast also provides a discussion on the FY2013 Grant Inventory Worksheet (GIW) and CoC Registration process.
The deadline to complete the CoC Registration is 7:59:59 PM ET on September 23, 2013.
FY 2013 Funding Limitations
While the Act and CoC Program interim rule authorize increases in project administrative costs, leasing, rental assistance, and operating funds for renewal projects, HUD will not fund all of these increases at the maximum authorized levels. Although the maximum amount authorized for CoC planning funds is 3 percent, Collaborative Applicants may only request CoC planning costs up to 1.25 percent of the FY 2013 Final Pro Rata Need (FPRN) or $250,000, whichever is less, in the FY 2013 CoC Competition. As a reminder, HUD will consider only one CoC planning application per CoC, and the organization applying for the funds must be designated by the CoC. In addition, although the maximum amount authorized for Unified Funding Agency costs is 3 percent, Collaborative Applicants that are designated as UFAs in the FY 2013 CoC Program Competition may only request 0.50 percent of the FPRN or $100,000, whichever is less.
HUD anticipates that the appropriation for this program made available through the Consolidated and Further Continuing Appropriations Act, 2013 (Public Law 113-6, approved March 26, 2013) (the “HUD Appropriations Act”), as subject to sequestration, is insufficient to fund all projects eligible for renewal in the FY 2013 CoC Program Competition. As such, the only new projects that CoCs may apply for include those created through reallocation, CoC planning, and UFA costs.
To view all projects funded in New Jersey click here.