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Community development and housing news: November 23, 2020

Posted by NMA on Nov 23, 2020 7:45:00 AM

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.

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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

 

Asheville, NC commits $900K to stop evictions, help with rent, and aid people experiencing homelessness

On November 10, the Asheville city council approved a budget amendment for the latest round of federal aid funds. $550,000 of the $900,000 will go toward rental assistance for people experiencing homelessness, as well as low-income individuals and families. Read more

 

New multi-million-dollar veterans housing development opens in Meriden, CT

Each of the nine units will go to veterans who are homeless or at risk of becoming homeless. The building features green energy appliances and innovative heating and cooling units to keep costs down. Read more

 

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St. Louis judge extended a moratorium on evictions through December

On November 6, St. Louis Circuit Judge Rex Burlison extended a moratorium established earlier in the year to keep people in their homes during the pandemic. This extension also helps city officials process applications for housing assistance by giving them more time. Read more

 

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Topics: Fair Housing, Industry News, Housing Choice Voucher

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