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.
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
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
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
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
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
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