The


U.S.
Department
of
Housing
and
Urban
Development
(HUD)
and
the


White
House
announced
$5.5
billion
in
funding
on
Tuesday
that
will
be
distributed
through
more
than
2,400
grants
to
1,200
communities
in
various
states,
urban
areas
and
other
localities.

The
funding
is
designed
to
address
a
series
of
local
needs
including

affordable
housing,

homelessness
assistance
and
community
development.
This
includes
“flexible
resources
to
build
homes,
support
renters
and
homeowners,
provide
life-saving
assistance
to
people
experiencing
homelessness,
create
jobs,
and
improve
public
facilities,
community
resilience,
and
local
economies,”
HUD
explained
in
a
news
release.

The
initial
announcement
was
made
by
Vice
President

Kamala
Harris
during
a
self-described
“nationwide
economic
opportunity
tour,”
and
will
be
expanded
upon
by
HUD
acting
secretary
Adrianne
Todman
during
a
press
conference
in

Reno,
Nevada,
on
Tuesday.

Of
the
total
funding,
$3.3
billion
will
be
distributed
through
the
Community
Development
Block
Grant
(CDBG)
program
to
1,254
recipients.
This
money
was
awarded
“on
a
formula
basis
to
states,
cities,
counties,
and
insular
areas
to
develop
stronger,
more
resilient
communities”
by
providing
housing,
suitable
living
environments
and
the
“expansion”
of
economic
opportunities,
HUD
explained.

Another
$1.3
billion
will
go
to
668
recipients
specifically
for
the
construction
of
new
affordable
housing
units
through
the
HOME
Investment
Partnerships
Program.
In
2023,
HOME
“helped
create
over
13,000
units
of
housing
and
more
than
13,000
households
were
assisted
with
tenant
based
rental
assistance,”
according
to
HUD.

More
than
$450
million
will
go
to
130
grantees
to
connect
people
with
HIV/AIDS
to
housing
and
support;
$290
million
will
go
to
357
grantees
to
address
homelessness;
$30
million
will
go
to
23
states
and
the
District
of
Columbia
to
support
recovery
from
substance
use
disorder;
and
$214
million
will
be
distributed
across
each
of
the
50
states
in
an
effort
to
increase
affordable
housing
supply
under
the
Housing
Trust
Fund
(HTF).

“For
people
all
across
our
nation,
a
home
represents
financial
security,
the
opportunity
to
build
wealth
and
equity,
and
a
foundation
for
a
better
future
for
themselves,
their
children,
and
future
generations,”
Harris
said
in
a
statement.
“That
is
why
President
Biden
and
I
are
expanding
on
our
historic
investments
in
housing
by
announcing
$5.5
billion
that
will
increase
access
to
affordable
housing,
invest
in
economic
growth,
and
address
homelessness
in
communities
throughout
America.”

Todman
added
that
in
order
to
address
the
nation’s
housing
challenges,
a
“coordinated
whole-of-community
approach”
is
needed
to
support
everyone
that
could
be
impacted
by
this
funding.

“The
funding
made
available
today
serves
as
building
blocks
to
empower
communities
to
take
ownership
of
community
development
investments
and
put
the
needs
of
residents
first,”
Todman
said.

The

White
House
detailed
some
of
the
projects
being
supported
by
the
funds,
including
the
conversion
of
a
historic
building
in
Cleveland
to
affordable
homes
under
the
Section
108
Loan
Guarantee
program;
support
for
affordable
homes
for
seniors
and
people
with
disabilities
in
East
Greenwich,
Rhode
Island;
construction
of
affordable
housing
for
homeless
seniors
and
veterans
in
Vista,
California;
and
funding
of
new
water
and
wastewater
systems
in
Pennsylvania.

HUD
added
that
the
“next
step
is
for
communities
to
seek
public
feedback
on
their
proposed
use
of
the
funds,”
which
can
be
done
by
finding
local
grantees
on
the

HUD
Exchange
website.

A
full
list
of
grantees
across
all
50
states,
the
District
of
Columbia
and
U.S.
territories
is
available
on
HUD’s

website.

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