Affordable Housing

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…

CDFI Fund: $321.2 Million in Capital Magnet Fund Awards Announced to Support Affordable Housing

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 52 organizations $321.2 million today for the development of affordable housing and community facilities serving low-income individuals, families, and communities. These awards were made through the fiscal year (FY) 2023 round of the Capital Magnet Fund (CMF), and will support financing…

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…

HUD: $13.5 Million Funding Opportunity Announced to Expand Access to Affordable Homeownership

Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of $13.5 million through the Self-Help Homeownership Opportunity Program (SHOP) for eligible national and regional non-profit organizations and consortia with experience providing or facilitating self-help housing opportunities. Read HUD’s Notice of Funding Opportunity (NOFO) at Search Grants. This funding opportunity aims to develop…

HUD: Manufactured Housing Consensus Committee Appointments Announced

The committee advises HUD on manufactured housing production, regulations, and administration of the Manufactured Housing Construction and Safety Standards Act The U.S. Department of Housing and Urban Development (HUD) announced today the appointment of three new members and the reappointment of three current members to serve on the Manufactured Housing Consensus Committee (MHCC). These appointments,…

ABA: Eight Banks Win 2023 Community Commitment Awards

The American Bankers Association Foundation today named eight banks as 2023 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in seven specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in Nashville, Tenn. on Oct. 10. The selection committee, made up of…

HUD: $25 Million Loan Guarantee Announced for Birmingham, AL Loan for Black, Indigenous, People of Color Fund

Today, the U.S. Department of Housing and Urban Development (HUD) awarded the City of Birmingham, Alabama a $25.2 million loan fund under its loan guarantee program for the Community Development Block Grant Program, Section 108. The City of Birmingham plans to use these funds to establish a $25 million citywide Loan Pool to provide financing…

HUD: Funding Navigator Announced to Connect Program Participants to Billions of Dollars in Federal Funding and Tax Credits to Improve Carbon Reduction and Climate Resilience

Dynamic web-based resource navigator tool, which will assist program participants identity potential funding opportunities Today, the U.S. Department of Housing and Urban Development (HUD) announced its first-ever Funding Navigator, an interactive tool that allows the user to browse and sort funding opportunities for billions of dollars in funding available under the Inflation Reduction Act (IRA),…

HUD: $50 Million Funding Opportunity Announced to Provide Stable Housing to People with HIV and Their Families

The U.S. Department of Housing and Urban Development (HUD) is announcing $50 million in competitive funding available for Housing Opportunities for Persons With AIDS (HOPWA). The funding will be available to local governments, states, and nonprofit organizations via the HOPWA: Housing Interventions (HINT) to End the HIV Epidemic program. Achieving and maintaining stable housing can…

HUD: Nearly $30 Million Awarded to Local HIV/AIDS Housing Programs

Funding offers stable housing for individuals and families at risk of homelessness. The Office of HIV/AIDS Housing under the U.S. Department of Housing and Urban Development (HUD) has announced the allocation of $29,661,629 for Housing Opportunities for Persons With AIDS (HOPWA) Permanent Supportive Housing (PSH) Renewal and Replacement Grants. These grants assist with tenant-based rental…