Facebook Twitter Instagram
    Mortgage.info
    • First Time Homebuyer
    • Loan Programs
    • VA Programs
    • Refinancing
    • Beyond the Mortgage
    Mortgage.info
    Home»News»HUD Makes Available $2 Billion in Grants to End Homelessness
    News

    HUD Makes Available $2 Billion in Grants to End Homelessness

    JustinBy JustinAugust 3, 2017Updated:August 4, 2017No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Department of Housing and Urban Development (HUD) is making available $2 billion to end homelessness. The funding is accessible through the Continuum of Care (Coc) Homeless Assistance Program that will fund community-based homeless assistance programs via a competitive selection process.

    “We know these grants can make a huge difference in ending homelessness,” Dr. Ben Carson, secretary of the HUD, said in a public statement. The HUD urges applicants to employ Housing First, an approach that prioritizes re-housing families and individuals experiencing homelessness without delay.

    Interested in getting a mortgage? We can help.»

    Major Emphasis in Homelessness

    “HUD continues to forge deep relationships with our local partners to invest in proven programs that are working to reduce the scale of homelessness in their communities,” according to Mr. Carson.

    Per its public announcement, the HUD puts major emphasis in ending homelessness, creating a systematic response to this problem, and improving the utilization of resources toward that goal. It further encourages local communities to eradicate homelessness among the youth, veterans and families and use their data for the strategic use of their resources.

    The CoC is created for that: a “community-wide commitment” that promotes that particular goal of the HUD. It supports local homeless assistance programs ranging from street outreach and assistance to providing transition and permanent housing to those experiencing homelessness, whether long-term or chronic.

    Click here to get matched with a lender.»

    Applications for $2-Bil. Funding Are Now Open

    One of the CoC’s key functions is to provide funding to eligible local applicants as in the case of the $2 billion worth of grants to support thousands of programs. They may be private nonprofit organizations, local and state governments and their instrumentalities, provided that they have been selected by the CoC for their respective geographic area to apply for such grants.

    Applicants are required to submit their requests for grants electronically in e-snaps at www.hud.gov/esnaps. The deadline to submit applications is September 28, 2017.

    Eligible activities covered by the grants are new construction, rehabilitation, acquisition, rental assistance, leasing, and supportive services.

    For more details, read this 2017 Notice of Funding Availability for the Coc Program.

    Contact a lender now!»

    Justin
    + posts

    Justin McHood is a managing partner at Suited Connector and has been recognized by national media outlets as a financial expert for more than a decade.

    • Justin
      https://mortgage.info/author/justin/
      House Bill Adjusts HMDA Requirements for Small Lenders
    • Justin
      https://mortgage.info/author/justin/
      Senators Propose Measures to Protect Consumer Data Post-Equifax Breach
    • Justin
      https://mortgage.info/author/justin/
      HUD: $2-Bil. Funding to Fight Homelessness in Local Communities
    • Justin
      https://mortgage.info/author/justin/
      What Does the New Year Hold for HELOCs? Projections, Rates in 2018
    $2 billion funding for homeless assistance programs Ben Carson bidding CoC Continuum of Care Homeless Assistance Program grants homelessness HUD local applicants notice of funding availability
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Justin

    Justin McHood is a managing partner at Suited Connector and has been recognized by national media outlets as a financial expert for more than a decade.

    Related Posts

    House Bill Adjusts HMDA Requirements for Small Lenders

    February 2, 2018

    HUD: $2-Bil. Funding to Fight Homelessness in Local Communities

    January 25, 2018

    HUD Gives Local Entities More Time to Assess Fair Housing Landscape

    January 18, 2018
    Mortgage.info
    © 2023 Mortgage.info Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.