HUD: Nearly $3.6 Billion in Homelessness Assistance Funding Awarded to Communities Nationwide
Grant awards represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history. Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $3.6 billion in Continuum of Care (CoC) program awards for nearly 7,000 projects that provide housing assistance and supportive services to people experiencing homelessness,…
CDFI Fund: FY 2025 CDFI Program and NACA Program Application Round Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2025 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The Awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing…
HUD: Nearly $137 Million in Grants Announced to Increase Affordable Housing and Supportive Services for Seniors and Disabled Persons
Funding supports the creation and repair of rental homes, provides rental assistance, and connects tenants with vital resources. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today it has awarded $97 million in grants to non-profit organizations to support new development or rehabilitation of affordable multifamily homes and…
HUD: $100 Million Awarded for Communities to Boost Housing Supply and Lower Housing Costs
HUD awards critical funds to cut the red tape and advance housing production Today, the U.S. Department of Housing and Urban Development (HUD) awards $100 million in grants to 18 winners benefitting communities across the 15 States to cut red tape, build more homes, and lower the costs of renting and buying a home. These…
ABA: Key Policy Priorities Unveiled in Newly Released 2025 Blueprint for Growth
With the pending change in administration and the start of the 119th Congress, the American Bankers Association today released its 2025 Blueprint for Growth outlining ABA’s top policy priorities for 2025. As the voice of the nation’s banking industry, and the only trade association representing banks of all sizes, charters and business models, the Blueprint for Growth…
HUD: $72 Million Made Available to Address Youth Homelessness
Funding will support communities in developing housing focused solutions to prevent and end youth homelessness Today, the U.S. Department of Housing and Urban Development (HUD) is making $72 million in Youth Homelessness Demonstration Program (YHDP) funding available for up to 25 communities nationwide. This funding will be used for developing and implementing coordinated community approaches…
HUD: $150 Million Investment Toward Affordable Housing in Tribal Communities Announced
Funding to improve access to affordable housing across Indian Country, prioritizing new construction and housing rehabilitation Today, the U.S. Department of Housing and Urban Development (HUD) announced $150 million in funding for new affordable and innovative housing in Tribal communities through the Indian Housing Block Grant (IHBG) Competitive Grant program. This funding will be awarded…
HUD: Over $60 Million Delivered to Build and Preserve Affordable Housing in Atlanta
Transaction supports the construction and rehabilitation of 282 affordable homes for low-income individuals and families. Today, the U.S. Department of Housing and Urban Development announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta to expand affordable housing options for low-income individuals and families…
CFPB: New Report Finds Hundreds of Thousands of Mortgages in Southeast and Central Southwest U.S. Likely Underinsured Against Flood Risk
Homeowners facing flooding from rivers and creeks more likely to be underinsured than coastal residents Today, the Consumer Financial Protection Bureau (CFPB) issued a new report that found significant differences in the likelihood that homeowners with a mortgage are adequately insured against flooding based both on location and on income and assets. According to findings,…
HUD: More Than $14 Million in Funding Announced to Support People Experiencing or at Risk of Homelessness in Florida
Funding will help provide shelter to people displaced by Hurricane Helene and Milton and support those experiencing homelessness with safe and stable housing options The U.S. Department of Housing and Urban Development (HUD) today announced $14.1 million to support people experiencing homelessness in Florida communities impacted by Hurricane Helene and Milton. The Rapid Unsheltered Survivor…