HUD: More Than $100 Million Announced for Energy Efficiency and Climate Resilience Upgrades in 1,500 Low-Income Households
Funded by President Biden’s Investing in America agenda, this historic investment will expand clean energy in low-income communities, boost housing resilience and sustainability, and help tackle the climate crisis The U.S. Department of Housing and Urban Development (HUD) announced today it is awarding $103.4 million in new loans and grants to significantly renovate the homes…
HUD: Expansion of the ConnectHomeUSA Initiative Announced to Bridge the Digital Divide for HUD-Assisted Families
The announcement expands the Department’s work to promote digital inclusion for American families and builds on its ongoing work with the FCC to ensure all HUD-assisted families enroll in the Affordable Connectivity Program The U.S. Department of Housing and Urban Development (HUD) is announcing the expansion of the ConnectHomeUSA (CHUSA) initiative through a notice in the Federal…
HUD: $212 Million Funding Opportunity Announced to Expand Affordable Housing Options for Persons with Disabilities
Funding provides capital to produce new or rehabilitate existing housing along with project rental assistance to support very-low and extremely low income-persons with disabilities The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that $212 million in funding is available to expand the supply of affordable housing and supportive services…
HUD: Over $75 Million in Loan Guarantees Announced for Public Safety, Facility Improvements, Economic Development and Housing Projects
Today, the U.S. Department of Housing and Urban Development (HUD) awarded a total of $75 million in loan guarantee commitments to the cities of Omaha, Nebraska, Oakland, Fresno, and Redding in California. This funding will enable transformative investments in housing, community facilities, and economic development. “The Biden-Harris Administration and HUD are committed to building and…
HUD: $160.1 Million in Grants Awarded to Create and Preserve Affordable Housing for Low-Income Seniors
Funding supports the creation and rehabilitation of affordable multifamily rental housing and project-based rental assistance to help provide independent living options for low-income seniors The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that it has awarded $160.1 million in grants to non-profit organizations across the country to…
CDFI Fund: $300 Million Bond Financing Guarantees Issued for Projects in Low-Income and Distressed Communities
U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury has agreed to issue three guarantees totaling $300 million under the Community Development Financial Institution (CDFI) Bond Guarantee Program. The guarantees will be issued on behalf of three Eligible CDFIs under the fiscal year (FY) 2023 round of the…
HUD: Updated HUD Housing Counseling Program Handbook Released to Better Equip Housing Counseling Partners to Support Renters, Homebuyers, and Homeowners
First Set of Comprehensive Updates to Housing Counseling Program Handbook provide participants with the latest guidance to assist consumers with their housing needs Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling (OHC) published an update to its Housing Counseling Program Handbook. The update is the first set of comprehensive changes implemented since 2010…
HUD: Updated Fair Market Rents Released and $113 Million in Affordable Housing Vouchers Available
Department increases Fair Market Rents by 12 percent on average across the U.S., releases vouchers to 36 states to help more families afford housing Today, the U.S. Department of Housing and Urban Development (HUD) announced two actions that together will enable more families to rent a healthy, stable home at an affordable cost: publishing Fair…
HUD and FCC Partner to Promote Affordable Internet Access for Low-Income Communities
Goal is to Encourage Participation in the Affordable Connectivity Program Among Families Receiving Federal Housing Assistance The Federal Communications Commission and the U.S. Department of Housing and Urban Development (HUD) formalized a partnership to promote awareness of the Affordable Connectivity Program (ACP) among federal housing assistance recipients. HUD Secretary Marcia L. Fudge announced the partnership…
HUD: Nearly $140 Million Awarded to Protect Low-Income Families from Lead and Other 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) awarded today nearly $140 million to 36 state and local government agencies in 19 states to protect children and families from lead-based paint hazards and other home health hazards. HUD is providing these grants through its Lead-Based Paint…