HUD's RAD generates more than $10 billion in construction activity, $80 million in funds for Mainstream Vouchers are announced, as well as an additional $1.9 million for the Foster Youth to Independence (FYI) Initiative, and more.
HUD's RAD generates more than $10 billion in construction activity to preserve affordable housing
On November 12, HUD announced that RAD is leveraging $12.57 for every dollar of public housing funding appropriated by Congress. This has allowed PHAs to improve their properties in ways they couldn't before. Read more
HUD announced over $80 million in funds for Mainstream Vouchers to aid COVID relief for non-elderly populations with disabilities
The Mainstream Vouchers will be used to benefit those with unique circumstances. This helps ensure residents of low-income housing receive the funding they need to protect their health and safety against coronavirus. Read more
HUD Secretary Ben Carson announced new foster youth housing vouchers in 24 states
An additional $1.9 million in grants will go toward HUD's Foster Youth to Independence (FYI) Initiative. 43 PHAs in 24 states will receive funding to help 235 young people transitioning out of foster care. Read more