Thursday, February 26, 2009

HUD Announces Homelessness Prevention Funds

Today, HUD announced funding allocations and eligible grantees for the new Recovery Act homelessness prevention program.

This information is available at: www.hud.gov/recovery.

The American Recovery and Reinvestment Act, signed on February 17th, 2009, provides $1.5 billion, allocated according to the current Emergency Shelter Grants formula with a grant minimum of $500,000, to help families who are either homeless or at imminent risk of becoming homeless. This program will provide financial and other assistance to prevent individuals and families from becoming homeless and help those who are experiencing homelessness to be quickly re-housed and stabilized. The funds under this program are intended to target individuals and families who would be homeless but for this assistance. The funds will provide for a variety of assistance, including: short-term or medium-term rental assistance and housing relocation and stabilization services, including such activities as mediation, security or utility deposits, utility payments, moving cost assistance, and case management.

To view additional information, go to the Current Highlights section on HUD's Homelessness Resource Exchange (HUD HRE) at www.hudhre.info.

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