HUD: Over $37 Million Delivered to Build and Preserve Affordable Housing in Reno, NV
Newly announced transaction supports the construction and rehabilitation of 150 affordable homes for low-income individuals and families. Today, the U.S. Department of Housing and Urban Development announced the completion of a $37 million Rental Assistance Demonstration (RAD) transaction with the Reno Housing Authority to expand affordable housing options for low-income individuals and families. This transaction…
HUD: $231,000 Invested to Install Solar on Rental Homes for Calais, ME Seniors
Newly closed Green and Resilient Retrofit Program transaction will fund installation of rooftop solar system. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $231,623 Green and Resilient Retrofit Program (GRRP) transaction to help finance energy efficiency and climate resilience improvements for affordable rental homes at the St. Croix…
HUD: $3.2 Million Invested to Improve Housing for Savannah Families
HUD highlights significant climate resilience and energy efficiency renovations. Today, the U.S. Department of Housing and Urban Development (HUD) highlighted a $3.2 million award to Savannah Gardens Senior Residences in Savannah, Georgia under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations for more than 39 rental homes. This Comprehensive grant will…
HUD: $72 Million Announced to Help End Youth Homelessness in America
Funding will support actions to end youth homelessness by expanding housing opportunities supportive services in 11 states Today, the U.S. Department of Housing and Urban Development (HUD) announced $72 million to fund youth homelessness housing across 14 communities, including five rural communities. This funding, through HUD’s Youth Homelessness Demonstration Program (YHDP), will support various housing…
HUD: $12 Million Announced to Lower Housing Costs and Expand Access to Affordable Homeownership
Funding will allow local organizations to develop affordable housing and create homeownership opportunities for low-income Americans Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of $12 million to expand access to affordable housing and homeownership opportunities for Americans in rural and urban communities across the country. Grant funding awarded to…
CDFI Fund: $246.4 Million in Capital Magnet Fund Awards Announced to Support Development of 26,400 Affordable Housing Units
Awards will result in more than 26,400 affordable housing units across the country, including more than 25,600 rental units and more than 750 homeownership units. The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today awarded 48 organizations $246.4 million for the development of affordable housing and community facilities serving low-income…
HUD: $750,000 Invested to Modernize Rental Homes for Waldorf, MD Families
Newly closed Green and Resilient Retrofit Program transaction will fund crucial repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $750,000 transaction to help finance energy efficiency and climate resilience improvements for affordable rental homes in Waldorf, MD, home to 204…
CDFI Fund: Treasury Guarantees $498 Million in Bond Funding for Projects in Low-Income Communities, Marking Largest Bond Issuance in Program History
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced an agreement to issue three guarantees worth $498 million under the CDFI Bond Guarantee Program, the largest issuance in the program’s history. The CDFI Bond Guarantee program provides long-term, fixed-rate capital for projects in low-income urban, rural, and Native communities, and the guarantees…
HUD: $28 Million Announced to Bolster Local Housing Programs Across America
Funding will allow 23 local organizations to provide critical assistance for Americans living with HIV and AIDS and ensure stable housing for individuals and families at risk of homelessness. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $28 million in funding to ensure Americans living with HIV and AIDS and their…
HUD: More Than $420 Million Announced to Eliminate Lead Exposure in Homes
The funding will protect more Americans from lead hazards, improve housing hazard identification and prevention, and expand critical research and services. Today, the U.S. Department of Housing and Urban Development (HUD) announced more than $420 million in awards across 32 states, the District of Columbia, and Puerto Rico to remove lead hazards from homes and…