Formula Grant F16SG270100

The Housing Trust Fund (CFDA 14.275) is a federal formula grant program administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. This $3,144,833.37 grant, awarded on November 7, 2024, is provided to the Nevada Department of Business and Industry's Housing Division to expand and preserve the supply of affordable rental housing, with a focus on extremely low-income and very low-income households. The grant supports a range...

The Department of Housing and Urban Development (HUD) awarded a $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant to the Hawaii Housing Finance and Development Corporation (HHFDC) on September 6, 2024. The grant has a performance period extending through September 5, 2031. The Housing Trust Fund program is designed to expand and preserve the supply of affordable rental housing, with a focus on serving extremely low-income and very low-income households. This funding will enable...

This $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant, awarded by the U.S. Department of Housing and Urban Development (HUD) on September 12, 2024, supports the production, preservation, and rehabilitation of affordable rental housing in the state of Kentucky. The grant recipient, Kentucky Housing Corp, is required to use at least 80% of the funds for rental housing activities, with up to 10% permitted for homeownership assistance and 10% for administrative costs. At least 75% of the...

This $3,150,564.64 Housing Trust Fund (CFDA 14.275) formula grant, awarded by the U.S. Department of Housing and Urban Development (HUD) on September 10, 2024, will support the Tennessee Housing Development Agency (THDA) in acquiring, rehabilitating, and newly constructing affordable rental housing units for households with incomes at or below 30% of the area median income or the federal poverty line. At least 80% of the grant funds must be used for rental housing activities, with up to 10%...

The U.S. Department of Housing and Urban Development (HUD) awarded a $8,605,522.64 Housing Trust Fund (CFDA 14.275) formula grant to the Texas Department of Housing & Community Affairs (TDHCA) on September 6, 2024. The grant funds will be used by TDHCA to acquire, rehabilitate, or newly construct affordable rental housing units for households with incomes at or below 30% of the area median income (AMI) or the federal poverty line, whichever is greater. At least 80% of the grant funds must be...

The Department of Housing and Urban Development (HUD) awarded a $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant to the Minnesota Housing Finance Agency on September 4, 2024. The grant funds will be used to acquire, rehabilitate, or newly construct affordable rental housing units for households with incomes at or below 30% of the area median income (AMI) or the federal poverty line, whichever is greater. At least 80% of the grant must be used for rental housing activities, up to...

The Puerto Rico Housing Finance Authority was awarded a $712,713.46 formula grant from the U.S. Department of Housing and Urban Development (HUD) under the Housing Trust Fund (CFDA 14.275) program. The primary objectives of this grant are to expand and preserve the supply of affordable rental housing, with a focus on serving extremely low-income and very low-income households in Puerto Rico. The grantee must use at least 80% of the funds for rental housing activities, which may include the...

The Department of Housing and Urban Development (HUD) awarded a $7,297,924.05 Housing Trust Fund (CFDA 14.275) formula grant to the Florida Housing Finance Corporation on September 26, 2024. The grant is part of HUD's Housing Trust Fund program, which aims to expand and preserve the supply of affordable rental housing for extremely low-income and very low-income households. Under this grant, the Florida Housing Finance Corporation must use at least 80% of the funds for rental housing activities,...

The U.S. Department of Housing and Urban Development (HUD) awarded the New York State Housing Finance Agency (NYSHFA) a $12,459,948.67 Housing Trust Fund (CFDA 14.275) formula grant on September 24, 2024. The primary purpose of this grant is to expand and preserve the supply of affordable rental housing, with a focus on serving extremely low-income and very low-income households. At least 80% of the grant funds must be used for rental housing activities, such as the production, preservation, and...

The Housing Trust Fund of Santa Barbara County Inc. was awarded a $1,038,000 project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant is intended to support the Housing Trust Fund's ability to respond to the economic impacts of the coronavirus through June 30, 2023. As part of the Community Development Financial Institutions Rapid Response Program, which is authorized under the Community Development...