Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
7.00%0.01
Real Estate

HUD makes $2 billion available to homeless programs

Encourages housing first approach

In an effort to end homelessness, the U.S. Department of Housing and Urban Development will make $2 billion available for local homeless programs.

HUD will fund this venture through Continuum of Care Homeless Assistance Program in an effort to encourage housing first. Housing first is the idea that families need housing before they can take care of other needs such as alcohol or substance abuse, health and other needs.

HUD stated it is continuing incentives to adopt best practices for rapid-rehousing and housing first, an approach that has proven effective in helping communities to make progress on their goal of ending homelessness. It also explained it hopes this new funding will help move families quickly into permanent housing.

The department’s Continuum of Care homeless assistance grants support a wide variety of local programs from street outreach and assessment programs to transitional and permanent housing for individuals including veterans, youth, families and persons experiencing long-term or chronic homelessness.

“We know these grants can make a huge difference in ending homelessness” HUD Secretary Ben Carson said.  “HUD continues to forge deep relationships with our local partners to invest in proven programs that are working to reduce the scale of homelessness in their communities.”

Next week, Carson will speak at the 2017 National Conference on Ending Homelessness organized by the National Alliance to End Homelessness. HUD announced he will be speaking at the conference in Washington D.C. on Tuesday from 11 to 11:30 a.m.

Most Popular Articles

Latest Articles

Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please