HUD: $143 Million in Grants to Support Construction and Project Rental Assistance for New Multifamily Housing and Very Low-Income Seniors

The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced on Wednesday that it has awarded $143 million in grants to non-profit organizations across the country to support the development of new affordable multifamily rental housing along with ongoing project rental assistance for very low-income […]

HUD: Availabilty of More Than $180 Million in COVID-19 Supplemental Funding for Multifamily Property Owners Participating in Assisted Housing Programs Announced

New application period allows owners of multifamily housing for low-income elderly, persons with disabilities, and Section 8 contracts to apply for funds to cover costs to prevent and respond to COVID-19 The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced on Thursday that it […]

HUD: Upcoming HUD-Held Single Family Note Sale Emphasizes Nonprofit Participation

Competitive bid sale provides priority bidding to nonprofit organizations and units of state and local government. The U.S. Department of Housing and Urban Development’s Office of Asset Sales announced on Thursday that it will conduct a competitive bid HUD-held vacant note sale (HVLS 2022-1) on November 10, 2021. The sale will […]

HUD: $142 Million Awarded to Help End Youth Homelessness

Grants to support innovative housing programs in 33 communities The U.S. Department of Housing and Urban Development (HUD) is awarding $142 million to build systems to end youth homelessness in 33 local communities, including 11 rural communities. HUD’s Youth Homelessness Demonstration Program (YHDP) will support a wide range of housing programs including […]

HUD: Access Opened to $5 Billion in American Rescue Plan Grants to Prevent and End Homelessness

The U.S. Department of Housing and Urban Development today issued the HOME-ARP Implementing CPD Notice, Requirements for the Use of Funds in the HOME-American Rescue Plan Program (“the Notice”). The new HOME-ARP notice is a critical step taken by HUD to expeditiously allow communities to begin accessing funds from the nearly $5 […]

CDFI Fund: FY 2021 Capital Magnet Fund Funding Round Opened

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2021 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used […]

HUD: New Research on Increasing Affordable Housing Production and Preservation Released

Research Part of Biden-Harris Administration’s Effort to Increase Affordable Housing Supply The U.S. Department of Housing and Urban Development today released its latest research on innovative strategies being pursued by state and local governments to remove regulatory barriers to affordable housing and increase housing supply. “This research is a testament […]

HUD: Over Two Dozen Waivers Granted to Speed Hurricane Recovery

HUD cuts red tape to offer flexibility to state and local partners The U.S. Department of Housing and Urban Development (HUD) today announced a package of 27 regulatory and administrative waivers aimed at helping communities to accelerate their recovery from Hurricane Ida. Today’s announcement represents one of the largest collections […]

HUD: Cross-Agency Efforts Announced to Increase Affordable Housing Supply

Federal Finance Bank Risk-Sharing Program, Guidance for Affordable Housing Funding, Zoning Research Among HUD Actions in Administration-wide Agenda  FACT SHEET: Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supply WASHINGTON – The Department of Housing and Urban Development (HUD) on Wednesday announced a series of actions it is taking […]

HUD: $2.7 Billion Funding Opportunity Announced to Help People Experiencing Homelessness

The U.S. Department of Housing and Urban Development (HUD) is making $2.656 billion in FY 2021 Continuum of Care Program (CoC) competitive funding available to homeless services organizations across the country for supportive services and housing programs for people experiencing homelessness. Read HUD’s Notice of Funding Opportunity (NOFO). “The safety of […]