HUD announces and awards funding for youth and others experiencing homelessness, extends a CARES Act deadline, and more.
More than $2.6 billion in FY 2021 Continuum of Care Competition Awards will provide funding to help individuals and families experiencing homelessness move into permanent housing with access to supportive services. The funds were awarded to 7,000 community local homeless housing and service programs, with the overarching goal of long-term stability for affected individuals and families. Read article
In a revision to Notice PIH 2021-36, HUD has extended the deadline to submit an SF-425 for CARES Act grants, reporting on the status of CARES Act Supplemental Operating Subsidy as of the end of 2021, to May 31, 2022. Complete details are in Section 5 of the notice. Read notice
Nearly $3 billion in CBDG-DR funds have been allocated to help communities recover from disasters and build resilience to climate change, with attention toward low- and moderate-income populations as well as historically marginalized communities. Read article
The FHA announced the final endorsement of a loan for Marshall Gardens, a Baltimore, Maryland property named for neighborhood resident and late Supreme Court justice Thurgood Marshall. The insurance endorsement provided by the FHA supports the financing to create 87 rental homes in an affordable multifamily apartment project. Read article