Grants Of $2.3 Billion Promote Service To Homeless, Stimulate Economic Development, And Protect Children From Lead Poisoning
The Department of Housing and Urban Development (HUD)notified HUD’s partners that more than $2.3 billion is now available to serve homeless persons, produce affordable housing, stimulate economic development and protect children from the dangers of lead poisoning.
Fiscal year 2003 “SuperNOFA” (Notification of Funding Availability) includes 43 separate funding opportunities for local units of government as well as nonprofit faith-based and community organizations.
The funds will compliment the more than $30.2 billion HUD also allocates to communities through block grants, housing choice vouchers and other formula-based funding. This year’s funding notice explains the application process that will ultimately award: $1.822 billion in targeted housing and homeless assistance; $241 million in community development funding; and, $231 million in economic development.
HUD is the nation’s housing agency committed to increasing homeownership, particularly among minorities, creating affordable housing opportunities for low-income Americans, supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development as well as enforces the nation’s fair housing laws.