Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Department of Housing and Urban Development offering $2 billion in homeless assistance grants

07/19/2017

Download PDF

Homelessness is a problem for any community — and the social and financial consequences that stem from a sizable homeless population can impact lifestyles, standards of living and home values.

Well, here’s some good news: A program that provides funding to state and local governments through the Department of Housing and Urban Development (HUD) for the purpose of ending homelessness has announced that it’s making $2 billion in funds available.

The nuts and bolts

According to its page on the HUD website, the Continuum of Care (CoC) Program “provides funding for efforts by nonprofit providers and State and local governments to quickly re-house homeless individuals and families to minimize trauma and dislocation,” among other goals.

Financial grants are offered “through a competitive process” for private nonprofit, state and local organizations that want to build, acquire, rehabilitate or lease buildings “to provide transitional or permanent housing; rental assistance; payment of operating costs; supportive services; re-housing services; payment of administrative costs; and grants for technical assistance,” states the website.

Last week, HUD announced that it would make $2 billion in grants available to those private nonprofit, state and local organizations; applications for the funds must be completed by September 28 at 8 p.m. ET on the HUD portal.

The CoC program has the following priorities, according to the funding announcement:

Why switching websites is more costly than you think Shiny new tools appeal, but they have hidden costs READ MORE

Ending homelessness across the board by identifying, engaging and effectively serving “all persons experiencing homelessness.” CoCs should have “a comprehensive outreach strategy in place” and should use data to “determine the characteristics of individuals and families with the highest needs and longest experiences of homelessness” so they can better serve those individuals and families. “Creating a systemic response to homelessness” by using “system performance measures,” which might include the average length of homeless episodes, rates of return to homelessness and rates of exit to permanent housing in order to “determine how effectively they are serving people experiencing homelessness.” Strategically allocate and use resources with cost, performance and outcome data. “CoCs should review project quality, performance, and cost effectiveness,” HUD said in the announcement. “HUD also encourages CoCs to maximize the use of mainstream and other community-based resources when serving persons experiencing homelessness.” “Use a Housing First approach,” which “prioritizes rapid placement and stabilization in permanent housing and does not have service participation requirements or preconditions.” Projects funded by the CoC Program “should help individuals and families move quickly into permanent housing, and the CoC should measure and help projects reduce the length of time people experience homelessness.”

“We know these grants can make a huge difference in ending homelessness” said HUD Secretary Ben Carson in a statement. “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.”

Email Amber Taufen

Like me on Facebook! | Follow me on Twitter!

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

April 2024
Mon Tue Wed Thu Fri Sat Sun
1234567
891011121314
15161718192021
22232425262728
2930  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...