Investment

HUD: Over $60 Million Delivered to Build and Preserve Affordable Housing in Atlanta

Transaction supports the construction and rehabilitation of 282 affordable homes for low-income individuals and families. Today, the U.S. Department of Housing and Urban Development announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta to expand affordable housing options for low-income individuals and families…

HUD: More Than $14 Million in Funding Announced to Support People Experiencing or at Risk of Homelessness in Florida

Funding will help provide shelter to people displaced by Hurricane Helene and Milton and support those experiencing homelessness with safe and stable housing options The U.S. Department of Housing and Urban Development (HUD) today announced $14.1 million to support people experiencing homelessness in Florida communities impacted by Hurricane Helene and Milton. The Rapid Unsheltered Survivor…

HUD: $10 Million Funding Opportunity Announced to Support Housing and Community Development Research at Minority-Serving Institutions

Funding available for Historically Black Colleges and Universities, Hispanic-Serving Institutions, Tribal Colleges and Universities, and Alaska Native/Native Hawaiian-Serving Institutions. The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $10 million in funding through its Office of Policy Development & Research (PD&R) to support eligible minority-serving institutions (MSIs) in researching critical housing and…

HUD: $12 Billion Invested in Long-Term Assistance to Communities Impacted by Disasters

Funds will support recovery from Lahaina Wildfire, Hurricane Helene, Hurricane Milton, and other 2023 & 2024 disasters Today, the U.S. Department of Housing and Urban Development (HUD) announced the allocation of nearly $12 billion in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds for communities across 24 states and territories. To provide guidance for the implementation…

HUD: Affordable Housing Regulations Streamlined and Modernized Making Housing More Accessible for Families Nationwide

The Final Rule for HUD’s HOME Investment Partnerships Program will reduce administrative burden on communities, better align federal resources, and lower housing costs for families nationwide. Today, the U.S. Department of Housing and Urban Development (HUD) published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). HOME…

FEMA: $1.35 Billion Announced to Increase Climate Resilience Nationwide

 Today, FEMA Administrator Deanne Criswell announced that as part of President Joseph R. Biden’s Investing in America Agenda, FEMA is making $1.35 billion available for two grant programs designed to help communities enhance resilience to the impacts of increasingly frequent and extreme weather events.  The Building Resilient Infrastructure and Communities (BRIC) annual grant program is making $750 million available for projects that…

HUD: Over $140 Million Invested to Support Families Achieving Economic Self-Sufficiency

Funding through the Family Self-Sufficiency (FSS) program empowers families to build savings, gain employment, and achieve financial independence. The U.S. Department of Housing and Urban Development (HUD) today announced over $140 million in funding to 836 existing grantees through the Family Self Sufficiency (FSS) Program. These awards will fund 1,537 service coordinator positions across the…

HUD: $40 Million Awarded to Prevent Evictions and Homelessness

The funding will deliver legal assistance to tenants facing eviction. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $40 million in funding to 21 recipients to help support housing stability and prevent evictions and homelessness through the Eviction Protection Grant Program (EPGP), a first-of-its-kind federal program designed to expand the reach of…

HUD: Federal Government Announces Significant Efforts to Reduce Homelessness

New partnerships and funding aim to expand housing resources, improve services, and end veteran homelessness The Biden-Harris Administration announced a series of measures to address homelessness across the country, reaffirming the Administration’s commitment to ensuring all Americans have access to safe, stable housing. This includes updating regulations that streamline the repurposing of surplus federal properties…

EDA: $5.5 Million Invested to Support the Agriculture Industry and Provide Electrical Infrastructure Improvements in Kansas

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.5 million in the state of Kansas to support the agriculture industry and make electrical infrastructure improvements needed to bolster economic opportunity in the region. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America Agenda is…