HUD Adds Housing Funding to End Homelessness

The Department of Housing and Urban Development (HUD) is allocating $48.9 billion in funding and $11.3 billion in new mandatory spending over the next decade to focus on ending homelessness and helping more Americans move into affordable housing.

HUD says it’s extending its former pledge to have the “first-ever federal strategic plan to prevent and end homelessness.” HUD is expanding the availability of a rapid rehousing program and Housing Choice Vouchers to help more families move out of homelessness more quickly and into permanent housing.

But HUD says it still has a lot more work to do. In January, an annual one-night count of homelessness nationwide, found more than 64,000 families still did not have homes – that includes more than 123,000 children.

Source: “HUD Budget Targets Ending Homelessness Among Families,” National Mortgage News (Feb. 9, 2016)