Funding Will Enable Affordable Housing Development and Other Activities to Meet Needs of Families and Communities
WASHINGTON – RealEstateRama – The U.S. Department of Housing and Urban Development (HUD) today announced $10.3 billion in Fiscal Year 2022 formula grants to communities across the United States for housing and community development activities ranging from affordable housing development to public housing modernization to economic opportunities for people with low and moderate incomes.
“This funding is an investment in our communities and provides important services to some of our most vulnerable residents,” said HUD Secretary Marcia L. Fudge. “Our local partners will be able to use these resources to boost housing supply, expand economic opportunity, and lift up American families.”
The grants announced today are provided through the following HUD programs, administered by the Department’s Office of Community Planning and Development (CPD) and Office of Public and Indian Housing (PIH):
FY22 CPD Formula Grant Program – $6.3 billion in allocations to eligible grantees across the following grant programs for all states, the District of Columbia, Puerto Rico, and the U.S. Insular Areas. Click here for a complete list of FY22 CPD Formula Grant Program recipients. A breakdown of CPD formula grants follows:
- Community Development Block Grant (CDBG) – $3.3 billion. The Community Development Block Grant Program (CDBG) provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
- HOME Investment Partnerships (HOME) – $1.5 billion. The HOME Investment Partnerships Program (HOME) provides funding to states and localities that communities use – often in partnership with local nonprofit groups – to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income people.
- Housing Trust Fund (HTF) – $738 million. The Housing Trust Fund provides funding to produce affordable housing units for households with extremely low incomes.
- Housing Opportunities for Persons with HIV/AIDS (HOPWA) – $405 million. Housing Opportunities for Persons with AIDS (HOPWA) grants provides rental housing assistance and supportive services for persons living with HIV/AIDS and their families.
- Emergency Solutions Grants (ESG) – $290 million. Emergency Solutions Grants (ESG) provide funds for homeless shelters, assist in the operation of local shelters, and fund related social service and homeless prevention programs.
- CDBG Recovery Housing Program (RHP) – $25 million. The Recovery Housing Program (RHP) allows states and the District of Columbia to provide stable, transitional housing for individuals in recovery from a substance-use disorder.
- CDBG CV-3 Reallocations – $3 million. CDBG Coronavirus (CV) Reallocations fund activities to prevent, prepare for, and respond to coronavirus.
FY22 Capital Fund Program Awards – $3.2 billion to 2,813 Public Housing Agencies (PHAs) for the development, financing, and modernization of public housing developments and for management improvements. PHAs receiving CFP formula awards are located in all 50 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands. Click here for a complete list of FY22 Capital Fund Program Awards recipients.
FY22 Indian Housing Block Grant (IHBG) Formula Allocations – $775 million to 594 eligible tribes under the IHBG Formula Program to provide funding for affordable housing activities on Indian reservations, in Indian communities, and in Alaska Native villages. Eligible activities include housing development, assistance to housing developed under the Indian Housing Program, housing services to eligible families and individuals, crime prevention and safety, and model activities that provide creative approaches to solving affordable housing problems. Click here for a complete list of FY22 IHBG Formula Allocations recipients.
