HUD: Rental Assistance Demonstration Conversion Closed in Albany, NY to Faciltate Creation and Rehabilitation of Affordable Rental Homes
HUD CLOSES RENTAL ASSISTANCE DEMONSTRATION (RAD) CONVERSION IN ALBANY, NY, TO FACILITATE CREATION AND REHABILITATION OF AFFORDABLE RENTAL HOMES $32 million transaction with the Albany Housing Authority will facilitate creation and preservation of 88 affordable rental homes in Steamboat Square Community. WASHINGTON, D.C. – The U.S. Department of Housing and Urban Development’s Office of Multifamily…
HUD: Rental Assistance Demonstration Conversion Closed in Boston, MA to Preserve 445 Affordable Rental Homes
$66 million transaction with Boston Housing Authority (BHA) preserves and rehabilitates 445 public housing homes as permanently affordable housing at Mission Main. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it recently closed a Rental Assistance Demonstration (RAD) transaction with the Boston Housing Authority (BHA) in Boston, MA,…
HUD: 2022 Year in Review
This year, Secretary Marcia L. Fudge led the U.S. Department of Housing and Urban Development (HUD) to bold action in pursuit of the agency’s mission to create strong, sustainable, inclusive communities and quality affordable homes. These actions aligned with key Biden-Harris Administration priorities, including easing the burden of housing costs, removing barriers to homeownership, expanding…
HUD: Over $9 Million Awarded to Public Housing Agencies for Jobs Plus Program
Awards will help bridge the wealth gap by connecting residents of public housing to employment and education The U.S. Department of Housing and Urban Development (HUD) today awarded over $9 million to 4 Public Housing Agencies (PHAs) to help families increase their earned income and improve their economic mobility through the Jobs Plus program. Jobs…
HUD: Deputy Secretary Celebrates Seattle Exceeding House America Goals
Federal, city, and county partnership to House America is addressing homelessness with a Housing First approach U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman and U.S. Congresswoman Pramila Jayapal joined Seattle Mayor Bruce Harrell, King County Regional Homelessness Authority CEO Marc Dones, and other officials and housing advocates to mark significant progress in…
HUD: $30 Million Awarded to Fund ROSS Service Coordinators to Support Needs of Public and Indian Housing Residents
Today, the U.S. Department of Housing and Urban Development awarded funding to hire and maintain Service Coordinators who will assess the needs of residents of conventional Public Housing or Indian housing in addition to coordinating available resources in the community. Service Coordinators assist residents of Public and Indian Housing to make progress towards economic and…
HUD: 87 Affordable Rental Homes Preserved Through Rental Assistance Demonstration Conversion with the Housing Authority of the City of Little Rock
Recently closed RAD conversion transaction supports affordable rental homes across three properties in southwest Little Rock, AR The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing recently closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Little Rock, AR, to preserve and rehabilitate 87 affordable rental…
HUD: Rental Assistance Demonstration Conversion Transaction Closed with the Housing Authority of Joliet, IL to Preserve 113 Homes for Low-Income Seniors
Transaction will allow for rental homes at Stevenson Crossing to remain permanently affordable to low-income senior residents. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of Joliet (HAJ) in Joliet, IL, to preserve 113…
HUD: $84 Million Awarded to Help End Youth Homelessness
Grants to support innovative housing programs in 17 communities The U.S. Department of Housing and Urban Development (HUD) today awarded $83.7 million to build systems to end youth homelessness in 17 local communities, including 6 rural communities. The funding was awarded through HUD’s Youth Homelessness Demonstration Program (YHDP) to support a wide range of housing…
HUD: More than $15 Billion in Construction Investment Facilitated by Rental Assistance Demonstration
Significant achievement represents investments in construction, rehabilitation, and preservation of affordable rental homes over nine-year period. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs (HUD) is announcing today that construction investment for affordable housing preservation through the Rental Assistance Demonstration (RAD) program has surpassed $15 billion since the program’s…