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HUD ANNOUNCES $563 MILLION TO SUPPORT AFFORDABLE HOUSING IN HUNDREDS OF NATIVE AMERICAN AND ALASKAN COMMUNITIES

HUD ANNOUNCES $563 MILLION TO SUPPORT AFFORDABLE HOUSING IN HUNDREDS OF NATIVE AMERICAN AND ALASKAN COMMUNITIES

WASHINGTON, DC – June 13, 2013 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded $563 million to 353 American Indian and Alaskan Native entities that represent 539 tribes across the U.S. Provided through HUD’s Indian Housing Block Grant (IHBG) Program, these funds are distributed annually to eligible Indian tribes or their tribally designated housing entities for a broad range of affordable housing activities (see local grants).