Eligible entities

(a) Primary applicants (1) In general A grant under this Act may be made only to a local government, a public housing agency, or a nonprofit entity that owns a major housing project that is proposed to be assisted under a grant under this Act, either as a sole applicant or as a co-applicant with another local government or public housing agency or with an entity specified in subsection (b). (2) Nonprofit entities A nonprofit entity may be a sole applicant under paragraph (1) only if the application has the support of a local government. (b) Co-Applicants (1) Community development corporations A community development corporation may, at the request of an entity specified in subsection (a), be a co-applicant for a grant under this Act. (2) For-profit entities A for-profit entity that owns a major housing project that is proposed to be assisted under a grant under this Act made in fiscal year 2022 or thereafter and that has an established presence in the community may be a co-applicant for a grant under this Act. (3) Required co-applicants A grant under this Act may not be made for an application that will involve transformation of a major public housing project unless the public housing agency having jurisdiction with respect to the project is the sole applicant or a co-applicant for the application. (c) Partners Nothing in this section may be construed to limit the ability of an applicant to partner with any entity in carrying out activities with a grant under this Act.