HUD AWARDS $5 MILLION THROUGH NEW TENANT RESOURCE NETWORK

HUD AWARDS $5 MILLION THROUGH NEW TENANT RESOURCE NETWORK

Grants to empower tenants and preserve multifamily assisted housing

WASHINGTON, DC – June 14, 2012 – (RealEstateRama) — In an effort to help low-income tenants receiving Section 8 project-based rental assistance and to preserve affordable housing, the U.S. Department of Housing and Urban Development today awarded nearly $5 million to 15 nonprofit organizations through HUD’s new Tenant Resource Network (TRN).  The purpose of TRN is to make grants to qualified nonprofit organizations to assist, inform, educate and engage tenants living in certain Section 8-assisted properties at risk of losing affordability protections or project-based rental assistance.

“The Tenant Resource Network is designed to help working families who are at greatest risk of being priced out of their rental market,” said Carol Galante, HUD’s Acting Assistant Secretary for Housing.  “The whole purpose of this program is to empower families living in HUD-assisted housing, giving them the information and options they need to stay in their homes.”

HUD is awarding grants to the following nonprofit tenant assistance organizations (see attached grant summaries):

State

Grantee

Grant Amount

California LA Center for Affordable Tenant Housing

$720,000

Connecticut Connecticut Public Housing Resident Network

$100,000

Georgia Atlanta Legal Aid

$360,000

Illinois Metropolitan Tenants Organization

$600,000

Maryland Housing Counseling Services

$300,000

Massachusetts Boston Affordable Housing Coalition

$300,000

Michigan United Community Housing

$480,000

Minnesota Home Line

$300,000

New York NY Tenants and Neighbors

$200,000

Ohio Coalition on Homeless and Housing in Ohio

$300,000

Pennsylvania Housing Alliance of Pennsylvania

$200,000

Rhode Island Statewide/ Housing Action Coalition

$200,000

Texas Texas Tenants’ Union

$350,238

Virginia North Carolina Housing Coalition

$300,000

Washington Tenants Union of Washington State

$200,000

TOTAL

$4,910,238

One goal of the TRN program is to assist tenants living in project-based Section 8 housing regarding their rights, responsibilities and options when a property owner ‘opts-out’ the program, pre-pays their mortgage, or repeatedly fails to meet HUD’s housing standards.  The second purpose of the program is preservation of HUD-assisted affordable housing by engaging tenants in efforts to preserve eligible properties as affordable housing.

TRN is a new program developed under the authority of Section 514 of the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA).  The TRN Program targeted certain Metropolitan Statistical Areas (MSAs) which include a high proportion of TRN-eligible housing units.

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HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.
HUD is working to
strengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
More information about HUD and its programs is available on the Internet at
www.hud.gov and
http://espanol.hud.gov
. You can also follow HUD on twitter @HUDnews, on facebook at
www.facebook.com/HUD, or sign up for news alerts on HUD’s News Listserv.

Contact:
Brian Sullivan
(202) 402-7527

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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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