Low- or Moderate-Income

HUD: Nearly $4 Million Loan Guarantee Announced for Gordon Moore Park Improvement Project in Alton, IL

The U.S. Department of Housing and Urban Development (HUD) today announced a $3,916,000 loan guarantee to the County of Madison, Illinois for renovations to the Gordon Moore Park, a 704-acre public park with a wide variety of attractions, sports fields, and gardens. Through this new funding, the County, in partnership with the City of Alton,…

HUD: Nearly $140 Million Awarded to Expand Affordable Housing for People with Disabilities

Funding supports efforts by 18 state housing agencies to create affordable homes and expand support services for adults living with disabilities. Today, the U.S. Department of Housing and Urban Development awarded $138.5 million in grants for more than a dozen state housing agencies to expand the supply of housing and supportive services for low-income persons…

SBA: $7 Million in PRIME Grants Announced to Serve Low-Income Microentrepreneuers

28 Grants Will Support Training, Program Development to Increase Access to Capital and Grow Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced 28 awardees for the 2024 Program for Investment in Microentrepreneurs(Link is external) (PRIME) grant awards, totaling $7 million….

HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards

Funding will be used to make low-income families’ homes safer and healthier. The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition…

HUD: Council on Foundations and HUD Announce Winners of 2024 Secretary’s Award for Public-Philanthropic Partnerships

Today, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations (The Council) announced the winners of the 2024 Secretary’s Award for Public-Philanthropic Partnerships. The Secretary’s Award for Public-Philanthropic Partnerships recognizes excellence in partnerships that have both transformed the relationship between the public and philanthropic sectors and led to measurable benefits…

HUD: $40 Million Made Available to Prevent Evictions and Prevent Homelessness

The funding will provide legal assistance at no cost to low-income tenants. The U.S. Department of Housing and Urban Development (HUD) announced the availability of $40 million in grant funds for eligible non-profit or governmental entities to provide no cost legal assistance to low-income tenants at risk of or subject to eviction from their homes….

HUD: More Than $142 Million Announced for Climate Resilience and Energy Efficiency Renovations in HUD-Supported Housing

As part of President Biden’s Investing in America Agenda, HUD announces new awards under the Green and Resilient Retrofit Program to combat the climate crisis, advance environmental justice, and modernize affordable housing The U.S. Department of Housing and Urban Development (HUD) today announced more than $142 million in new grant and loan awards under its Green…

HUD: Nearly $67 Million Announced in New Funding to Make Homes More Energy Efficient and Climate Resilient

Awards from President Biden’s Investing in America Agenda will combat the climate crisis, advance environmental justice, and improve lives for residents in HUD-supported housing. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $67 million in new grant and loan awards for 12 properties under its Green and Resilient Retrofit Program (GRRP) as part…

HUD: Proposed Rulemaking Issued to Modernize the Country’s Largest Affordable Housing Grant Program, Making Housing More Accessible for Families Nationwide

The Notice of Proposed Rulemaking for HUD’s HOME Investment Partnerships Program would boost housing supply, support homeownership, and reduce burden on states and local governments.  The U.S. Department of Housing and Urban Development (HUD) published a preview of a Notice of Proposed Rulemaking to modernize regulations for the HOME Investment Partnership Program (HOME), with publication…

HUD: $750,000 Invested to Boost Energy Efficiency and Climate Resilience for Low-Income Senior Housing in Tennessee

The grant will finance renovations to make residents’ homes safer and help combat the nation’s climate crisis. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it has completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wesley Living of Tennessee. The transaction…