HUD Awards $5.6 Billion In Annual Grants For Affordable Housing, Community Development And Homeless Assistance

The U.S. Division of Housing and City Growth (HUD) right now introduced $5.6 billion in funding will go to 1,200 communities by way of greater than 2,400 grants to states, city counties, insular areas, Washington, DC; Puerto Rico and native organizations throughout the nation. These annual formulation grants present vital funding for a variety of actions together with inexpensive housing, group growth and homeless help.

“Viable communities should promote built-in approaches to develop first rate housing, appropriate dwelling environments and broaden financial alternatives to essentially the most susceptible,” mentioned HUD Secretary Marcia Fudge. “These funds enable communities to deal with their distinctive wants by prioritizing what issues most to their residents and letting them personal their investments in group growth by way of these vital federal sources.”

“This funding permits communities to deal with their most urgent native wants, offering versatile sources to construct properties, help renters and householders, present life-saving help to folks experiencing homelessness, and enhance public amenities, group resilience, and native economies,” mentioned Marion McFadden, principal deputy assistant secretary for group planning and growth. “HUD’s annual formulation block grants enable states and localities to put money into the success of neighborhoods and permit folks of modest means to thrive.”

The grants introduced right now are offered by way of the next HUD packages:

  • $3.3 billion to 1239 states and localities to construct stronger communities— The Neighborhood Growth Block Grants supplies annual grants on a formulation foundation to states, cities, counties, and insular areas to develop stronger, extra resilient communities by offering first rate housing and an appropriate dwelling surroundings, and by increasing financial alternatives, principally for low- and moderate-income folks. In 2022 this system helped over 60,000 households by way of housing actions, 46,000 people by way of job creation or retention, 83,500 folks experiencing homelessness by way of enhancements to homelessness amenities, over 5.3 million folks by way of public companies, and over 39 million folks by way of public enhancements.
  • $1.5 billion to 664 collaborating jurisdictions to supply inexpensive housing — The HOME Funding Partnerships Program is the first federal device of states and native governments to supply inexpensive rental and owner-occupied housing for low-income households. HOME funds a variety of actions together with constructing, shopping for and/or rehabilitating inexpensive housing for hire or homeownership or offering direct rental help to low-income folks. HOME tasks leverage non-federal funds together with, in lots of circumstances, tax credit for inexpensive rental housing. In 2022 this system helped create over 15,000 models of housing and almost 17,000 households have been assisted with tenant primarily based rental help by way of the HOME program.
  • $499 million to 130 qualifying cities and eligible states to attach folks with HIV/AIDS to housing and help — The Housing Alternatives for Individuals With HIV/AIDS (HOPWA) program supplies steady and everlasting housing help and supportive companies to low-income folks dwelling with the human immunodeficiency virus (HIV). Over 100,000 households obtain HOPWA housing help and/or supportive companies yearly.
  • $290 million to 359 states and localities to deal with homelessness — Emergency Options Grants (ESG) supplies funds for homeless shelters, assists within the operation of native shelters and funds associated social service and homeless prevention packages. Recipients allow folks to shortly regain stability in everlasting housing after experiencing a housing disaster and/or homelessness. ESG funds could also be used for avenue outreach, emergency shelter, homelessness prevention, and speedy re-housing help. Yearly, ESG connects over 350,000 folks to emergency shelter as they transition to everlasting housing
  • $30 million to 23 states and the District of Columbia to help restoration from substance use dysfunction— The Restoration Housing Program permits states and the District of Columbia to supply steady, transitional housing for people in restoration from a substance-use dysfunction.

Mixed the packages will present critically wanted funding to hundreds of native packages in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Hawaii, Guam, American Samoa and Northern Mariana Islands.

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