The FY 2016 CoC Program Registration Notice posted on Friday, April 22, 2016 contained an error that stated HUD would continue the Permanent Housing Bonus at 15 percent of the CoC’s Final Pro Rata Need (FPRN). A corrected version of the Notice has been posted on the FY 2016 Continuum of Care (CoC) Program Competition: Funding Availability on the HUD Exchange and on HUD’s website at www.hud.gov.
The revised version of the Notice clarifies that the Permanent Housing Bonus amount available to CoCs is 5 percent of a CoC’s FPRN. The correction is found on page 35 in Section IV.B.6 which states:
“HUD will continue the Permanent Housing Bonus. All CoCs may create new projects through the permanent housing bonus up to 5 percent of the CoC’s FPRN for the following types of new projects for those CoCs that meet the criteria provided in V.4. of this Notice and additional criteria provided in the FY 2016 CoC Program Competition NOFA:
- New permanent supportive housing projects that will serve 100 percent chronically homeless families and individuals including youth experiencing chronic homelessness; and
- New rapid rehousing projects that will serve homeless individuals and families, including youth, coming directly from the streets or emergency shelters, or fleeing domestic violence situations and other persons meeting the criteria of paragraph (4) of the definition of homeless.”
HUD apologizes for any confusion caused by this error.