Department of Housing and Urban Development (HUD)

Department of Housing and Urban Development (HUD)
April 17, 2020 Charly Ligety

Department of Housing and Urban Development (HUD)

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The Department of Housing and Urban Development (HUD) is a U.S. government agency created in 1965 to support the housing market and homeownership.

The primary programs administered by HUD include: mortgage and loan insurance through the Federal Housing Administration, Community Development Block Grants (CDBG) to help communities with economic development, job opportunities and housing rehabilitation, HOME Investment Partnership Act block grants to develop and support affordable housing for low-income residents, rental assistance in the form of Section 8 certificates or vouchers for low-income households, Public or subsidized housing for low-income individuals and families, homeless assistance provided through local communities and faith-based and other nonprofit organizations, and fair housing public education and enforcement (learn more).

in June 2019, HUD organized the inaugural “Innovative Housing Showcase” held on the National Mall in Washington, DC, which highlighted innovative technologies that create affordable and resilient housing to help address the nation’s housing challenges. The showcased a dozen exhibitors with model opens open to the public. HUD plans to host another “Innovative Housing Showcase” in September 2020 (learn more).

Per HUD, the 2020 President’s Budget requested $44.1 billion for the Department of Housing and Urban Development (HUD), approximately $8.7 billion less than the 2019 Annualized Continuing Resolution (CR). This budget strategically invests in critical areas of HUD’s programs and operations while protecting taxpayer funds. Key investments include increasing rental assistance to $37.9 billion, maintaining services for all currently HUD-assisted households, building on efforts to promote tenant self-sufficiency and reduce administrative burdens through proposed rent reforms and work requirements on non-elderly, non disabled tenants, and continuing the march to ending homelessness through $2.6 billion in grants.

Los Angeles Efforts:

The U.S. Department of Housing and Urban Development (HUD) requires an annual census of those experiencing homelessness during the last 10 days of January, known as the “Annual Homeless Point-in-Time Count”, which is required for local jurisdictions to receive McKinney-Vento Homeless Assistance Grant funding. The census is a community wide effort, funded equally by the City and County, and made possible with the support of over 7,500 volunteers. More.

Innovations

Home Tours

Coming Soon

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