HUD is making available nearly $5.5 billion in funding for 2,400 grants aimed at mitigating local funding needs. These annual formula grants are being made through the following HUD programs: |
Today HUD awarded $3.17 billion in Public Housing Repair funding to 2,756 PHAs in all 50 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands. These funds are available for PHAs to make capital investments in their public housing stock.
HUD has published the long-awaited final rule for the Housing Opportunity through Modernization Act of 2016 (HOTMA) Sections 101, 105, 106, and 112. The final rule includes provisions that streamline regulations for the Housing Choice Voucher (HCV) and the Project-Based Voucher (PBV) programs. Compliance dates vary based on provision and are listed in the notice. |
The House of Representatives and Senate Appropriations Committees have scheduled their Fiscal Year (FY) 2025 budget hearings for the Department of Housing and Urban Development (HUD). Acting HUD Secretary Adrianne Todman will be the only witness at both hearings.