HUD Announces $2 Billion in CoC Funding Awards

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WASHINGTON, D.C. (January 15, 2018) – (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded a record $2 billion to support more than 7,300 local homeless assistance programs across the nation. HUD’s Continuum of Care grants provide critically needed support to local programs on the front lines of serving individuals and families experiencing homelessness.

Due to the last year’s devastating hurricanes, HUD extended the application deadline for communities in Puerto Rico and the U.S. Virgin Islands until Feb. 16, 2018.

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HUD continues to challenge state and local planning organizations called “Continuums of Care” to support their highest performing local programs that have proven most effective in meeting the needs of persons experiencing homelessness in their communities. Many of these state and local planners also embraced HUD’s call to shift funds from existing underperforming projects to create new ones that are based on best practices that will further their efforts to prevent and end homelessness.

“HUD stands with our local partners who are working each and every day to house and serve our most vulnerable neighbors,” said HUD Secretary Ben Carson. “We know how to end homelessness and it starts with embracing a housing-first approach that relies upon proven strategies that offer permanent housing solutions to those who may otherwise be living in our shelters and on our streets.”

Matthew Doherty, Executive Director of the U.S. Interagency Council on Homelessness added, “Continuums of Care are critical leaders in the work to end homelessness nationwide. When communities marshal these–and other local, state, private, and philanthropic resources–behind the strongest housing-first practices, we see important progress in our collective goal to end homelessness in America.”

HUD Continuum of Care grant funding supports a broad array of interventions designed to assist individuals and families experiencing homelessness, particularly those living in places not meant for habitation, located in sheltering programs, or at imminent risk of becoming homeless. Each year, HUD serves more than a million people through emergency shelter, transitional, and permanent housing programs.

Last month, HUD reported homelessness crept up in the U.S., especially among individuals experiencing long-term chronic homelessness. HUD’s 2017 Annual Homeless Assessment Report to Congress found that 553,742 persons experienced homelessness on a single night in 2017, an increase of .7 percent since last year. Homelessness among families with children declined 5.4 percent nationwide since 2016, local communities report the number of persons experiencing long-term chronic homelessness and veteran homelessness increased. HUD’s 2017 homeless estimate points to a significant increase in the number of reported persons experiencing unsheltered homelessness, particularly in California and other high-cost rental markets experiencing a significant shortage of affordable housing.

To view a list of funding recipients, click here.

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