“This funding is an investment in our communities and provides important services to some of our most vulnerable residents,” HUD Secretary Marcia Fudge said in a release. “Our local partners will be able to use these resources to boost housing supply, expand economic opportunity, and lift up American families.”
The FY22 CPD Formula Grant Program awards $6.3 billion in allocations to eligible grantees across the following grant programs for all states, Washington, D.C., Puerto Rico, and the U.S. Insular Areas. The grants were provided through the following HUD programs, administered by the department’s Office of Community Planning and Development (CPD) and Office of Public and Indian Housing (PIH):
The FY22 Capital Fund Program awarded $3.2 billion to 2,813 Public Housing Agencies for the development, financing and modernization of public housing developments and for management improvements.
The FY22 Indian Housing Block Grant (IHBG) Formula allocated $775 million to 594 eligible tribes under the IHBG Formula Program to provide funding for affordable housing activities on Indian reservations, in Indian communities, and in Alaska Native villages. Eligible activities include housing development, assistance to housing developed under the Indian Housing Program, housing services to eligible families and individuals, crime prevention and safety and model activities that provide creative approaches to solving affordable housing problems.
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