HUD: $750,000 Invested to Boost Energy Efficiency and Climate Resilience for Low-Income Senior Housing in Tennessee
The grant will finance renovations to make residents’ homes safer and help combat the nation’s climate crisis. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it has completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wesley Living of Tennessee. The transaction…
ABA: Foundation Accepting Submissions for 12th Annual Community Commitment Awards
Today, the American Bankers Association Foundation announced it is now accepting submissions for its 12th annual Community Commitment Awards. The Foundation is encouraging banks of all sizes to enter their most successful community initiatives for the awards, ABA’s highest honors for extraordinary community engagement. The CCAs recognize innovative, high-impact bank programs that improve the quality of…
HUD: Nearly $70 Million in Grants Announced to Protect Families from Home Health and Safety Hazards
Funding helps vulnerable residents by fixing housing-related health and safety hazards, establishing sustainable local programs, and supporting key research to identify and mitigate these hazards. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $70 million in grants across the country that will help transform communities by fixing older housing, preserving affordable…
HUD: $115 Million Available to Support Housing for Seniors
Deputy Secretary Todman announced the funds in Philadelphia, PA as a part of the Biden-Harris Administration’s “Investing in America” tour, aiming to create and improve affordable rental homes for elderly Americans. Today, as a part of the Biden-Harris Administration’s “Investing in America” tour, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman…
ABA: Foundation Launches 2024 Financial Education Campaigns and Continues Initiative to Reach 5 Million Americans
The American Bankers Association Foundation today launched its 2024 financial education campaigns, encouraging banks across the country and their more than two million employees to participate in these important industry efforts to help consumers improve their financial well-being. Today’s launch continues the ABA Foundation’s three-year, industry-wide commitment to reaching five million Americans with financial education…
HUD: $40 Million Funding Opportunity Announced to Expand Support Services for Seniors and Persons with Disabilities
Funding provides service coordinator staff that connect residents in affordable multifamily homes with vital resources The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that $40 million in funding is available to expand the supply of service coordinators who support seniors and persons with disabilities living in affordable…
FEMA: New Ad Campaign with the Ad Council Launched to Urge Older Adults to “Take Control” When It Comes to Emergency Preparedness
FEMA Ready Campaign Celebrates Its 20th Year Over the last few years, FEMA has designed campaigns to meet the needs of specific communities, and this year’s Ready campaign focuses on older adults, specifically those with limited financial resources, living with disabilities and those living in rural areas. As part of the FEMA Ready campaign’s goal…
HUD: FHA Proposes Update to Home Equity Conversion Mortgage Assignment Claims Eligiblity to Strengthen Market Liquidity
Proposal posted for feedback will ensure long-term program viability and expanded availability for senior homeowners. The Federal Housing Administration (FHA) today announced it has posted for industry feedback a proposed update to its Home Equity Conversion Mortgage (HECM) assignment claims eligibility policy. The proposal enables certain categories of due and payable HECMs that were previously ineligible for…
HUD: Agency Celebrates Opening of 76 New Affordable Senior Homes in Columbus, OH
HUD Assistant Secretary Julia Gordon highlights Biden-Harris Administration’s commitment to affordable rental housing at ribbon-cutting ceremony at Salem Village The U.S. Department of Housing and Urban Development’s (HUD) Assistant Secretary for Housing Julia R. Gordon today joined the leadership of National Church Residences, the largest nationwide non-profit organization providing affordable senior housing, and state 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…