The U.S. Department of Housing and Urban Development (HUD) has announced the allocation of $12 million in capacity-building grants to five national non-profit organizations. This funding is part of the FY 23-24 Rural Capacity Building program, which aims to support rural housing development organizations, Community Development Corporations (CDCs), Community Housing Development Organizations (CHDOs), local governments, and Indian tribes. The initiative focuses on affordable housing and community development activities in rural areas for low-income families and individuals.
"There is a great need to repair aging homes and build new housing in rural communities, but financing this work can be challenging," said HUD Agency Head, The Honorable Adrianne Todman. "These experienced non-profits will bridge the gap and help ensure we are improving the state of rural housing across the country."
The funding will enable these national intermediary organizations to assist local beneficiaries by providing training, technical assistance, and financial support. This support aims to spur affordable housing activities and community development in rural communities nationwide.
"Often times, rural communities face capacity challenges to undertake larger projects," stated Principal Deputy Assistant Secretary for Community Planning and Development Marion McFadden. "The awards announced today will help fill that gap and enhance the ability of smaller communities to create more affordable housing. These trusted organizations will use the grants to support local groups in accessing additional federal funds."
This announcement builds upon previous investments by the Biden-Harris Administration in rural America. A total of $486 million has been awarded to 62 communities across the nation, with $66 million specifically designated for rural areas through a Special Notice of Funding Opportunity aimed at addressing unsheltered and rural homelessness.
In addition, HUD invited 139 Public Housing Authorities partnered with grantee communities to accept approximately 3,300 Stability Vouchers. These vouchers provide rental assistance to people experiencing or at risk of homelessness, including survivors of domestic violence, dating violence, stalking, or human trafficking.
HUD's Self-Help Homeownership Opportunity Program (SHOP) also plays a significant role in rural areas. With $26 million awarded in SHOP grants this year alone, about half of SHOP homes are constructed in these regions. Since its inception in 1996, nearly 30,000 housing units have been built under this program.
The recent $22 million awarded in Rural Capacity Building grants includes today's announcement as well.
The following organizations received funding through the FY 23-24 Rural Capacity Building Awards:
- Housing Assistance Council: $3,500,000
- National Association of Latino Asset Builders: $2,500,000
- Minnesota Housing Partnership Rural Community Assistance Corporation: $2,350,000
- Rural Community Assistance Corporation: $2,142,000
- Rebuilding Together: $1,508,000
Totaling $12 million distributed among these groups.
