NoticeofFundingAvailabilityforRuralDevelopment.docVIP

PAGE  PAGE 777 seq Text_Box \* Arabic \r1Error! Main Document Only. FUNDING AVAILABILITY FOR THE RURAL HOUSING AND ECONOMIC DEVELOPMENT PROGRAM PROGRAM OVERVIEW Purpose of Program: The purpose of the Rural Housing and Economic Development (RHED) program is to build capacity at the State and local level for rural housing and economic development and to support innovative housing and economic development activities in rural areas. The funds made available under this program will be awarded competitively, through a selection process conducted by HUD in consultation with the United