HUD Streamlines Forms for Local Economic Grants
Published Date: 6/29/2026
Notice
Summary
HUD wants to update how it collects info for Economic Development Initiative Community Project Funding grants. This affects communities applying for these grants and asks for public feedback by July 29, 2026. The goal? Make the application process smoother and keep the money flowing to projects that help local economies grow.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Paperwork and Reporting for EDI Grants
If your community applies for Economic Development Initiative Community Project Funding grants, HUD is revising the approved information collection (OMB Control No. 2506-0217) and will require applicants and recipients to submit applications and performance reports using listed forms (for example: SF-424, SF-425, SF-LLL, HUD-2880, SF-1199A, SF-428 series, SF-429 series, application narrative, HUD-424 CBW, and DRGR). HUD estimates 2,500 respondents, 5,000 annual responses, 15,000 total annual burden hours, and an estimated annual cost of $640,950 based on a $42.73/hour rate.
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