HUD Awards $1.4 Billion in Homeless Program Grants

The Department of Housing and Urban Development (HUD) has announced the award of $1.41 billion in renewal funding for 6,741 local homeless assistance programs. The 12 month grants are part of the Obama Administration's Opening Doors strategy for ending homelessness and represent an increase of $40 million over awards made last year. The Opening Doors strategy was detailed in a report, Opening Doors: a Federal Study for Ending Homelessness written by the Interagency Council on Homelessness representing 19 federal agencies last June and covered extensively by MND. The Continuum of Care grants, as they are known, are designed to support a variety of services to get the homeless off the street, into transitional and ultimately permanent housing with the support needed to keep them housed. Two-thirds...(read more)

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Source: http://www.mortgagenewsdaily.com/01192011_hud_homelessness.asp

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