Housing Boost as Millions Awarded for Affordable Properties

Oct 5, 2023  · The U.S. Treasury Department awarded more than $300 million for projects geared toward affordable housing at a time when homes are historically expensive.


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Housing Boost As Millions Awarded For Affordable Properties

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Oct 5, 2023  · The U.S. Treasury Department awarded more than $300 million for projects geared toward affordable housing at a time when homes are historically expensive.

newsweek.com

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FACT SHEET: Vice President Harris Announces $5.5 Billion To Boost ...

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May 7, 2024  · Building Affordable Homes for Homeless Seniors and Veterans in Vista, California: The County of San Diego awarded over $4 million in HOME and HOME-American Rescue …

whitehouse.gov

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Biden-Harris Administration Announces $5.5 Billion In Grants For ...

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May 7, 2024  · By law, each state is allocated a minimum of $3 million. State affordable housing recipients will use these funds for the eligible activities including real property acquisition, site …

hud.gov

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Biden-Harris Administration Awards $100 Million For Communities …

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The Biden-Harris Administration has been laser-focused on providing resources to local leaders to boost the supply of affordable housing,” said The Honorable Adrianne Todman, HUD Agency …

rcreader.com

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Biden Administration To Award Nearly $250 Million To Develop …

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Oct 23, 2024  · Biden administration to award nearly $250 million to develop 30,000 affordable housing units The quarter-of-a-billion dollars comes from a fund set up in 2008 Published: Oct. …

marketwatch.com

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FACT SHEET: Biden-Harris Administration Announces New Actions …

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Feb 29, 2024  · HUD recently awarded nearly $4 million in research funds to assess the potential of off-site construction and state and local land use and zoning reforms to increase housing …

whitehouse.gov

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Biden Administration Doles Out $85 Million Toward Affordable …

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Jun 26, 2024  · On Tuesday, U.S. Treasury Secretary Janet Yellen announced that $100 million in revenue from COVID-era community lending investments would be diverted to a new …

fastcompany.com

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Biden Administration To Award Nearly $250 Million To Develop

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The $246.5 million in awards is expected to result in more than 26,400 affordable-housing units, of which 25,600 will be rentals and the remainder to be occupied by homeowners, the Treasury ...

msn.com

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Biden-Harris Administration Awards $7 Million For Communities In …

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Today, the U.S. Department of Housing and Urban Development (HUD) awards $100 million in grants to 18 winners benefitting communities across the 15 States to cut red tape, build more …

msn.com

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Kaptur Announces $4 Million HUD PRO Housing Award For Toledo …

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2 days ago  · Washington, DC – Today, Congresswoman Marcy Kaptur (OH-09) announced a $4 Million PRO Housing award from the Department of Housing and Urban Development for the …

house.gov

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Is Hawaii’s Historic Investment In Affordable Housing Paying Off?

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Jan 6, 2025  · Workforce housing has typically been much less of a focus for the revolving fund. Of the combined $330 million the housing finance corporation awarded in 2021, 2023 and 2024, …

apnews.com

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Austin Secures $6.7M Grant To Tackle Housing Affordability

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1 day ago  · AUSTIN, Texas — The U.S. Department of Housing and Urban Development (HUD) has awarded the city of Austin $6.7 million to help boost housing supply and lower housing …

kvue.com

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City Of Toledo Awarded $4 Million HUD Pro Housing Grant To …

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1 day ago  · The funding will help the city address critical barriers to housing production, advance innovative housing strategies, and make significant investments in affordable housing …

oh.gov

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Austin Receives $6.7 Million To Raise Housing Supply, Lower ... - Yahoo

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17 hours ago  · AUSTIN (KXAN) — Austin was recently awarded more than $6.7 million in grants expected to go toward building more homes and lowering the costs of renting and buying a home.

yahoo.com

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Louisville Awarded $7 Million To Boost Kentucky Housing Supply …

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12 hours ago  · LOUISVILLE – The Louisville-Jefferson County Metro Government in Kentucky received $7 million in funding this week as the U.S. Department of Housing and Urban …

lanereport.com

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Joint Media Statement - Albanese Government Funds $4.2 Million …

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Jan 7, 2025  · The continued partnership between the Albanese Labor Government and the Cook Labor Government will deliver another 12 new social homes in Albany, in a major boost to …

www.wa.gov.au

FAQs about Housing Boost as Millions Awarded for Affordable Properties Coupon?

How much money did San Diego get to build affordable housing?

Building Affordable Homes for Homeless Seniors and Veterans in Vista, California: The County of San Diego awarded over $4 million in HOME and HOME-American Rescue Plan funding to support the development of a 54-unit affordable housing complex – Santa Fe Village – in the City of Vista. ...

How did the government help build affordable housing for low-income Americans?

The government awarded more than four dozen organizations $321 million to help build affordable housing for low-income Americans through the Community Development Financial Institutions (CDFI) Fund's Capital Magnet Fund. ...

How much money will the Affordable Housing Awards bring to America?

"Today's awards are projected to leverage more than $11.1 billion in private and public sector resources, all of which will be focused on addressing the shortfall in affordable housing that persists throughout our nation's distressed and underserved communities," Sigal added. ...

How can state and local governments boost housing supply?

Work with state and local governments to boost housing supply by leveraging existing federal funds to spur local action, exploring federal levers to help states and local governments reduce exclusionary zoning, and launching learning and listening sessions with local leaders. ...

How much does a pro housing grant cost?

Grants to local governments, states, metropolitan planning organizations (MPOs), and multijurisdictional entities will range from $1 million to $7 million. The Notice of Funding Opportunity (NOFO) announced today is the second round of the PRO Housing competition. ...

How much money can a company invest in affordable housing?

Currently, the Enterprises are permitted to invest up to $1 billion per year (or $500 million each) in affordable housing development and preservation supported by these tax credits. This targeted investment further reduces financing costs associated with affordable housing and spurs additional development. ...

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