HUD: Over $21 Million Invested for Native Hawaiian Housing
The U.S. Department of Housing and Urban Development (HUD) today announced $21.3 million in Native Hawaiian Housing Block Grant (NHHBG) funding to support the Department of Hawaiian Home Lands (DHHL). This funding will support the housing needs of low-income Native Hawaiian families. “This investment reinforces the Biden-Harris Administration’s commitment to Native Hawaiian families through accessible…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Philadelphia, PA
The Philadelphia Housing Authority will redevelop Bartram Village and the entire Kingsessing area. Today, U.S. Department of Housing and Urban Development (HUD) Principal Deputy Assistant Secretary for Public and Indian Housing Richard Monocchio, announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Philadelphia Housing Authority and the City of…
HUD: Updated Public & Assisted Housing Guidance Published for Treatment of Solar Program for Residents
Updates support expanded use of solar program benefits for assisted housing residents as a result of the Inflation Reduction Act. The U.S. Department of Housing and Urban Development (HUD) published today updated guidance for Public Housing Authorities (PHAs) and owners of properties participating in HUD Multifamily Assisted Housing programs regarding the treatment of financial benefits…
HUD: $40 Million Choice Neighborhoods Implementation Grant Awarded to Atlanta, GA
The Housing Authority of Atlanta will redevelop Bowen Homes and the entire Bowen area Today, U.S. Department of Housing and Urban Development (HUD) General Deputy Assistant Secretary for Public and Indian Housing Dominique Blom was joined by Congresswoman Nikema Williams and Mayor Andre Dickens in announcing the awarding of the Choice Neighborhoods Implementation (CNI) grant…
HUD: Departments of Housing & Urban Development and the Interior Announce Action to Support More Affordable Housing in Nevada
New agreement will lead to the construction of critically needed affordable housing projects in Southern Nevada The U.S. Departments of Housing and Urban Development and the Interior today announced a new action to make it easier and more affordable for local communities in the Las Vegas metropolitan area to obtain federal land to build affordable…
HUD: $50 Million Choice Neighborhoods Implementation Grant Awarded to Pittsburgh, PA
The Housing Authority of the City of Pittsburgh will redevelop Bedford Dwellings public housing property and the Hill District area. Today, U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Principal Deputy Assistant Secretary Richard Monocchio, announced the awarding of a Choice Neighborhoods Implementation (CNI) grant for $50 million to the Housing…
CDFI Fund: Application Demand Released for FY 2023 Round of BEA Program
Nearly $1.05 Billion in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2023 round of its Bank Enterprise Award Program (BEA Program). A total of 189 applications were…
ABA & TBA Call on CFPB to Extend 1071 Stay to All FDIC-Insured Banks
In a new letter to CFPB Director Rohit Chopra, the Texas Bankers Association (TBA) and American Bankers Association (ABA) called on the Consumer Financial Protection Bureau to extend U.S. District Court Judge Randy Crane’s recent court order pausing the CFPB’s 1071 Final Rule implementation to all FDIC-insured banks. “As you know, we requested relief for every entity subject to…
HUD: $40 Million Choice Neighborhoods Implementation Grant Awarded to Miami-Dade County, FL
Miami-Dade County will redevelop Cutler Manor and the Goulds neighborhood Today, U.S. Department of Housing and Urban Development (HUD) Assistant Deputy Secretary for Field Policy and Management Michele Perez announced the awarding of Choice Neighborhoods Implementation (CNI) grant for $40 million to the Miami-Dade County to redevelop Cutler Manor in the Goulds area. Assistant Deputy…