Low- or Moderate-Income

CFPB: New Analysis Finds 15 Million Americans Have Medical Bills on Their Credit Reports

People living in the South continue to be most likely to have medical bills on their reports The Consumer Financial Protection Bureau (CFPB) today released research showing that 15 million Americans still have medical bills on their credit reports despite changes by Equifax, Experian, and TransUnion. The 15 million Americans disproportionately live in the South and low-income…

HUD: $13.5 Million in Grants Awarded to Expand Access to Homeownership Opportunities

Four housing providers to produce over 440 homes for low-income first-time homebuyers using Self-Help Homeownership Opportunity Program (SHOP) Grants Today, the U.S. Department of Housing and Urban Development (HUD) awarded $13.5 million in “sweat equity grants” to support non-profit, self-help housing organizations that enable homeownership opportunities for hard-working, low-income families and individuals. Funded through HUD’s Self-Help…

HUD: $173 Million Announced to Make Homes More Energy Efficient and Climate Resilient for Low-Income Americans

Over half of Green and Resilient Retrofit Program funding has now been awarded to 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 $173.8 million in new grant and loan awards under its Green and Resilient Retrofit Program (GRRP), bringing…

CDFI Fund: CDFI Bond Guarantee Program Application Period for FY 2024 Now Open

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2024 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2024. Through the CDFI…

HUD: $73.5 Million Awarded to Make Housing Safe, More Efficient and Climate Resilient for Low-Income Americans

Grants and Loans from the Inflation Reduction Act Support Clean Energy and Climate Resilience Upgrades for Nearly 1,400 Low-Income Families Today, the U.S. Department of Housing and Urban Development (HUD) announced it is awarding $73.5 million in new loans and grants under the Green and Resilient Retrofit Program (GRRP) to support extensive energy efficiency and climate resilience…

HUD: $115 Million Available to Support Housing for Seniors

Deputy Secretary Todman announced the funds in Philadelphia, PA as a part of the Biden-Harris Administration’s “Investing in America” tour, aiming to create and improve affordable rental homes for elderly Americans. Today, as a part of the Biden-Harris Administration’s “Investing in America” tour, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman…

HUD: Over $39 Million Awarded to Protect Families from Home Health and Safety Hazards

Funding to make low-income families’ homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded over $39 million to city, county, and Native American tribal governments, and non-profit organizations, in 15 states to protect children and families from home health hazards. HUD is providing these grants through its Healthy Homes…

HUD: $174 Million Announced to Support Energy Efficiency and Climate Resilience for Thousands of Low-Income Households

Green and Resilient Retrofit Program grant and loan awards support improvements to HUD-assisted multifamily properties. As part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit…

HUD: Affordable Rental Homes in Newport News, VA Preserved and Rehabilitated

$6 million transaction supports revitalization and preservation of 40 affordable housing units for low-income residents The U.S. Department of Housing and Urban Development (HUD) announced today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Newport News Redevelopment and Housing Authority (NNRHA) at Orcutt Townhomes. This transaction allows NNRHA to substantially rehabilitate…

HUD: ConnectHomeUSA Virtual Summit Announced to Bridge the Digital Divide for HUD-Assisted Families

A 3-day virtual summit for interested parties to promote digital inclusion for American families and ensure all HUD-Assisted families enroll in the Affordable Connectivity Program Today, the U.S. Department of Housing and Urban Development (HUD) announced that Secretary Marcia L. Fudge will provide remarks at the 2023 ConnectHomeUSA (CHUSA) Virtual Summit for CHUSA communities, Public…