Obama Administration Awards Nearly $1.6 Billion in Homeless Grants to Thousand of Local Housing and Service Programs Nationwide
Source: U.S. Department of Housing and Urban Development
Hundreds of thousands of homeless individuals and families will find a stable home and be offered critically needed services as a result of nearly $1.6 billion in homeless assistance announced today by U.S. Department of Housing and Urban Development Secretary Shaun Donovan. This week, President Obama also signed the American Recovery and Reinvestment Act of 2009 into law, which will provide an additional $1.5 billion in funding for homeless prevention.
The grants announced today are being awarded through HUD’s Continuum of Care programs and will assist approximately 6,300 local homeless assistance projects throughout the U.S., Puerto Rico and the U.S. Virgin Islands. For a local summary of the grant funding announced today, visit HUD’s website.
“With the foreclosure and unemployment crisis looming, millions of families - both homeowners and renters - are in danger of losing their homes so we must focus substantial resources to help those families find stable housing,” said Donovan. “The grants being awarded today, along with the recovery plan’s additional $1.5 billion, will offer a critical lifeline to those persons and families who, after a foreclosure or job loss, might otherwise be faced with homelessness. Today we are announcing an unprecedented commitment to fund programs that have a proven track record of providing real housing solutions for our most vulnerable neighbors.”