Formula Grant F18SG020100

The U.S. 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 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 funds must be used for rental housing activities,...

The U.S. Department of Housing and Urban Development (HUD) awarded a $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant to the Kentucky Housing Corp, a state housing finance agency, on September 12, 2024. The grant funding is intended to expand and preserve the supply of affordable rental housing, particularly for extremely low-income and very low-income households. Grantees must use at least 80% of the funds for rental housing activities, up to 10% for homeownership assistance, and up...

The Puerto Rico Housing Finance Authority was awarded a $712,713.46 formula grant under the U.S. Department of Housing and Urban Development's (HUD) Housing Trust Fund (CFDA 14.275) program. The primary purpose of this grant is to expand and preserve the supply of affordable rental housing, with a focus on supporting extremely low-income and very low-income households in Puerto Rico. The grant funding must be used to support the production, preservation, and rehabilitation of rental housing...

The West Virginia Housing Development Fund received a $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant from the U.S. Department of Housing and Urban Development (HUD) on September 24, 2024. This grant, with a performance period through September 23, 2031, is intended to expand and preserve the supply of affordable rental housing, with a focus on extremely low-income and very low-income households. The funds will support a range of affordable housing activities, including...

The State of Alaska has been awarded a $3,144,833.37 Formula Grant from the U.S. Department of Housing and Urban Development's Housing Trust Fund (CFDA 14.275) program. The grant, which began on September 5, 2024, and will run through September 4, 2031, is designed to expand and preserve the supply of affordable rental housing, with a focus on extremely low-income and very low-income households. The funding will support the production, preservation, and rehabilitation of rental housing units...

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...

The U.S. Department of Housing and Urban Development (HUD), through its Housing Trust Fund (CFDA 14.275) program, awarded a $3,144,833.37 formula grant to the Department Work Services Housing & Community Development Division in South Salt Lake, Utah. The grant, which runs from September 13, 2024 to September 12, 2031, is designed to expand and preserve the supply of affordable rental housing, with a focus on extremely low-income and very low-income households. The grantee, a state government...

The 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 will support the production, preservation, and rehabilitation of affordable rental housing for extremely low-income and very low-income households in Texas. At least 80% of the grant funds must be used for rental housing activities, with up to 10% permitted for...

The North Carolina Housing Finance Agency (NCHFA) received a $4,415,315.04 Formula Grant award from the U.S. Department of Housing and Urban Development's (HUD) Housing Trust Fund (CFDA 14.275) program. The grant is intended to expand and preserve the supply of affordable rental housing, with a focus on serving extremely low-income and very low-income households in North Carolina. The award has a performance period from September 2024 to September 2031. As a state housing finance agency, NCHFA...

The Department of Housing and Urban Development (HUD) awarded a $12,459,948.67 Housing Trust Fund (CFDA 14.275) formula grant to the New York State Housing Finance Agency (NYSHFA) on September 24, 2024. The grant provides funding for NYSHFA to acquire, newly construct, or rehabilitate affordable rental housing units, with at least 80% of the funds dedicated to rental housing activities. The primary objective is to expand and preserve the supply of affordable rental housing for extremely...