HUD Gives $35M to Aid Low-Income Families - Real Estate, Updates, News & Tips

HUD Gives $35M to Aid Low-Income Families

The U.S. Department of Housing and Urban Development announced this week that it is awarding $34.9 million to help low-income residents become more self-sufficient. The money will be allocated to public housing authorities, public housing resident associations, Native American tribes, and nonprofit organizations across the country. It will be used to hire or retain service coordinators to help low-income residents find jobs, educational opportunities, and achieve economic and housing independence. “It’s part of our mission to help connect public housing residents to better, higher paying jobs and critical services as a means of helping them move beyond public assistance and toward self-sufficiency,” says HUD Secretary Ben Carson. “This funding gives our local partners resources they can use to help residents become economically independent and achieve the dreams they have for themselves and their children.” The funding will be provided through HUD’s Resident Opportunities and Self-Sufficiency Service Coordinators Program. The program supports locally driven strategies that link public housing assistance with public and private resources so that HUD-assisted families can increase earned income and reduce or eliminate the need for welfare assistance. New York will be awarded the most in grants at $2.7 million, followed by California at $2.6 million and New Jersey at $1.7 million. Visit HUD’s page to see a breakdown of the grant amounts by state and city. Source: U.S. Department of Housing and Urban Development

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