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Current HOPE VI Revitalization Grantees are subject to a threshold and a rating factor that measure their performance on their existing grants. How are these determined?

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Current HOPE VI Revitalization Grantees are subject to a threshold and a rating factor that measure their performance on their existing grants. How are these determined?

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The Threshold (Section VII(A)(3)(b) of the NOFA) states that such applicants must meet their performance requirements as required in the applicable HOPE VI Revitalization Grant Agreement by the application due date. Grantees will be considered in compliance if they have met extended deadlines as approved by HUD. If an applicant does not meet this threshold, the application will not be considered for funding. The rating factor (Section VII(B)(2)(a) of the NOFA) looks at whether an existing Grantee has carried out the stated activities as they were originally scheduled, regardless of a HUD-approved extension. If an applicant does not meet this rating factor, the application will lose 5 points.

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