Housing trust fund
Active Formula Grant Awarded
- Award ID
- F24SG130100
- Recipient
-
Georgia Department Of Community Affairs UEI ZEMLG3ULW2E5
- Awarding agency
-
Assistant Secretary for Community Planning and Development
Department of Housing and Urban Development
- Obligated
- $4,454,125
Award facts
- Assistance listing
- 14.275 Housing Trust Fund
- Completion date 28% complete
- Place of performance
- Atlanta, GA 30329, USA
Award details come from USAspending.gov.
About this award
This federal Formula Grant award of $4,454,124.92 was provided by the U.S. Department of Housing and Urban Development (HUD) through the Housing Trust Fund (CFDA 14.275) program. The grant was awarded on November 21, 2024 to the Georgia Department of Community Affairs (DCA), a state-level government agency, and is slated for completion by November 20, 2031.
The Housing Trust Fund program is designed to expand and preserve the supply of affordable rental housing for extremely low-income and very low-income households. Under this award, DCA will use at least 80% of the funds for rental housing activities, with up to 10% allocated for homeownership assistance and 10% for administrative costs. The grant will enable DCA to support the production, preservation, and rehabilitation of affordable housing units in the state of Georgia, with a focus on serving households at or below 30% of the area median income or federal poverty line.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $418,791 | |
| Amendment | $204,998 | |
| Original award | $3,830,337 |
Quick answers
Who received award F24SG130100?
F24SG130100 was awarded to Georgia Department Of Community Affairs by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on November 21, 2024.
How much is award F24SG130100 worth?
$4,454,125 has been obligated on F24SG130100.
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