Housing trust fund
Active Formula Grant Awarded Last action
- Award ID
- F24SG320100
- Recipient
-
Nevada Department Of Business And Industry UEI JEMHZVYHB3N1
- Awarding agency
-
Assistant Secretary for Community Planning and Development
Department of Housing and Urban Development
- Obligated
- $3,144,833
Award facts
- Assistance listing
- 14.275 Housing Trust Fund
- Completion date 28% complete
- Place of performance
- Mound House, NV 89706, USA
Award details come from USAspending.gov.
About this award
The Department of Housing and Urban Development (HUD) awarded a $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant to the Nevada Department of Business and Industry's Housing Division on November 7, 2024. The grant funds will be used to expand and preserve the supply of affordable rental housing for extremely low-income and very low-income households in Nevada over a seven-year period ending on November 6, 2031. The Housing Division plans to use at least 80% of the grant funds for rental housing activities, with the remaining funds allocated for homeownership assistance and administrative costs. The Division partners with local housing authorities, community development groups, cities, and counties to administer these affordable housing programs, which may include the acquisition, rehabilitation, or construction of rental units targeting households at or below 30% of the area median income.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $295,687 | |
| Amendment | $2,704,408 | |
| Original award | $144,738 |
Quick answers
Who received award F24SG320100?
F24SG320100 was awarded to Nevada Department Of Business And Industry by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on November 7, 2024.
How much is award F24SG320100 worth?
$3,144,833 has been obligated on F24SG320100.
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award