Pay for Success Permanent Supportive Housing Demonstration

 

The purpose of the Department of Justice's (DOJ's) and Department of Housing and Urban Development's (HUD's) PFS Demonstration is to strengthen communities? ability to prevent and end homelessness and reduce avoidable incarceration by increasing the provision of Permanent Supportive Housing (PSH), a proven evidenced-based practice. The PFS Demonstration is an opportunity to equip communities with a new financing mechanism for funding PSH projects that will prevent returns to homelessness and reduce recidivism among the reentry population. The PFS Demonstration is also a valuable opportunity to test ways of achieving greater cost efficiency and effectiveness in providing homelessness assistance while expanding communities? access to available funding for PSH.

Deleted 03/27/2024 (Archived.) 14.273 Assistant Secretary For Community Planning and Development, Department of Housing and Urban Development B - Project Grants Not applicable. Consolidated Appropriations Act, 2014, Public Law 113-76
Consolidated and Further Continuing Appropriations Act, 2015, Public Law 113-235 The grantee will use grant funds for assessing the feasibility of a PFS project and/or structuring PFS operations, including: partnership building, capital-raising activities, program design for the target population at the Demonstration Site, managing contracts with service providers, making Success Payments on behalf of the government entity, and managing third-party evaluators. Intermediaries may carry out all activities directly and/or subaward funds to subrecipients or procure the services of contractors to carry out PFS activities. See program's Notice of Funding Availability Various records and forms are required for applicants. Applicants should review the Notice of Funding Availability for specific requirements. Preapplication coordination is required. Environmental impact information is not required for this program. An environmental impact assessment is required for this listing. This program is excluded from coverage under E.O. 12372. Applicants are required to obtain a Letter of Interest from the applicable local governmental entity. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. See PFS Demonstration Notice of Funding Availability for more information about application submission procedures. See PFS Demonstration Notice of Funding Availability for more information about application submission procedures. February 12, 2016 DOJ and HUD announced awardee information on June 24, 2016. See PFS Demonstration NOFA. Not applicable. Selection criteria are described in the PFS Demonstration NOFA. Grant funding may be used to carry out a Pay for Success (PFS) model for the provision of PSH for the target population. Please see the PFS Demonstration’s Notice of Funding Availability for the description of eligible activities and restrictions on the use of funds. Use of funds must be consistent with the funded application and are subject to the Department of Housing and Urban Development's grants administration laws, regulations, and policies. Performance Reports: HUD staff will conduct monitoring using risk assessments, desk monitoring, and on-site reviews. Not applicable. Grantees are required to maintain all grant financial and program records for a period of three years from the date of submission of the final Federal Financial Report for the award. This includes but is not limited to all financial records including receipts, disbursements, and vouchers for Federal and nonfederal costs, timecards, copies of all contracts, personnel records, and job descriptions, program execution and performance records, and similar records to reflect all activities and spending performed under the award. Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing. The duration of the period of performance will vary depending on the eligible activities for which the grantee is awarded. Generally, HUD expects that Feasibility Analyses will require up to 12 months to complete, Transaction Structuring will require up to 18 months, and deal implementation will require at least several years before outcome verification may trigger Success Payments. As described in the PFS Demonstration NOFA, applicants must include a projected timeline in their application to account for the eligible activities for which the grantee is applying. HUD will continue to work with grantees to finalize an appropriate timeline that will be included in the cooperative agreement. The total grant amount will be awarded at the time of initial award. The release of funds will be staggered, contingent upon the submission and approval of deliverables as outlined in the cooperative agreement. Method of awarding/releasing assistance: Letter. The PFS Demonstration will be administered by the SNAPS Office at HUD Headquarters. Karen M. Deblasio
U.S. Department of Housing and Urban Development; Community Planning and Development; Office of Special Needs Assistance Programs, 451 7th Street, SW, Room 7260, Washington, DC 20410
Washington, DC 20410 US
Karen.M.Deblasio@hud.gov
Phone: 202-402-4773 http://HUDExchange.info 86-0192-0-1-604 (Project Grants) FY 18$0.00; FY 19 est $0.00; FY 20 est $0.00; FY 17 est $0.00; FY 16$8,679,000.00; - $8,679,000 was awarded through federal grants. The remainder of the $10,000,000 appropriation is for administration and program evaluation of the PFS Demonstration. Range of awards is: $881,376 to $1.3 million. The average award is: $1.24 million. Please see the PFS Demonstration Notice of Funding Availability. Not applicable.