The U.S. Department of Housing and Urban Development (HUD) revealed $5.5 billion in grants for affordable housing, community development, and homeless assistance. The funds will reach 1,200 communities across the U.S., with HUD Acting Secretary Adrianne Todman emphasizing the importance of local needs and community development investments. Vice President Kamala Harris stated that the grants aim to increase access to affordable housing, drive economic growth, and tackle homelessness.
Acting HUD Secretary Adrianne Todman highlighted the significance of a comprehensive approach to strengthen communities, provide decent housing, create healthy environments, and expand economic opportunities. Marion McFadden, Principal Deputy Assistant Secretary for Community Planning and Development, emphasized HUD's 50-year commitment to granting flexible funding for communities to address urgent challenges.
The grants will be distributed through various HUD programs:
- $3.3 billion to build stronger communities through Community Development Block Grants (CDBG).
- $1.3 billion for affordable housing via the HOME Investment Partnerships Program.
- $455 million to connect individuals with HIV/AIDS to housing and support through the Housing Opportunities for Persons With HIV/AIDS (HOPWA) program.
- $290 million to address homelessness with Emergency Solutions Grants (ESG).
- $30 million to support recovery from substance use disorder using the Recovery Housing Program (RHP).
- $214 million from the Housing Trust Fund (HTF) to increase affordable housing supply.
These grants will benefit communities in all states and territories of the U.S.