HUD responds to Hurricane Ida and other disasters, EDA-ARPA funding opportunities are now available, and more.
HUD Cuts Red Tape to Help Communities Respond to HurricaneWith a package of 27 regulatory and administrative waivers—one of the largest collections of such waivers ever administered at once—HUD aims to help communities accelerate their recovery from Hurricane Ida. New flexibilities allow HUD’s state and local partners to expedite the use of CDBG, HOME, HOPWA, and ESG program funds. Read article
HUD Announces Cross-Agency Efforts to Increase Affordable Housing Supply
This month’s actions mark a renewed focus on supporting construction and development of affordable housing units across the country. According to HUD Secretary Marcia L. Fudge, the actions “will expand access to critical capital for state Housing Finance Agencies, empower local communities to build more affordable housing using the historic investments contained in the American Rescue Plan, and advance equitable housing policies such as inclusionary zoning practices.” Read article
2021-2022 EDA-ARPA Funding Opportunities Now Available
The Economic Development Administration (EDA) has $3 billion in supplemental funding, allocated under the American Rescue Plan, to ensure support for previously underserved communities impacted by COVID-19. Read article
Looking for more on ARPA? Join NMA and BB&K for our upcoming webinar, “American Rescue Plan State and Local Fiscal Recovery Funds: Key Implementation, Compliance and Reporting Guidelines.”