RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Obama Administration Awards Nearly $1.6 Billion in Homeless Grants

Home Marketing
February 22, 2009
Reading Time: 3 mins read

RISMEDIA, February 23, 2009-Hundreds of thousands of homeless individuals and families will find a stable home and be offered critically needed services as a result of nearly $1.6 billion in homeless assistance announced by U.S. Department of Housing and Urban Development Secretary Shaun Donovan. Late last week, President Obama also signed the American Recovery and Reinvestment Act of 2009 into law, which will provide an additional $1.5 billion in funding for homeless prevention.

The grants announced are being awarded through HUD’s Continuum of Care programs and will assist approximately 6,300 local homeless assistance projects throughout the U.S., Puerto Rico and the U.S. Virgin Islands.

“With the foreclosure and unemployment crisis looming, millions of families – both homeowners and renters – are in danger of losing their homes so we must focus substantial resources to help those families find stable housing,” said Donovan. “The grants being awarded today, along with the recovery plan’s additional $1.5 billion, will offer a critical lifeline to those persons and families who, after a foreclosure or job loss, might otherwise be faced with homelessness. Today we are announcing an unprecedented commitment to fund programs that have a proven track record of providing real housing solutions for our most vulnerable neighbors.”

HUD is awarding $24 million to create new pilot programs in 23 local communities to rapidly rehouse homeless families with children, which will be critical during these difficult economic times. These local pilot programs will become the basis of a significantly expanded $1.5 billion federal effort, through the American Recovery and Reinvestment Act of 2009, to offer quick housing assistance to homeless families and to prevent homelessness among those facing a sudden economic crisis.

The additional funding provided in the recovery plan is a dramatic increase in funding to support local programs to keep persons and families from becoming homeless, including the large number of low-income renters who are at high-risk of becoming homeless because their landlords’ properties are foreclosed upon.

This funding will have an immediate impact by offering these families short-term rental assistance, housing relocation, or security and utility deposits.

HUD’s homelessness grants have made a measureable difference in reducing long-term or chronic homelessness in America. Based on the Department’s latest homeless assessment, chronic homelessness has declined an average of 15% annually from 2005 to 2007. This decline is directly attributed to HUD’s homeless grants helping to create significantly more permanent housing for those who might otherwise be living on the streets.

HUD’s funding is provided in two ways:

– Continuum of Care Grants provide permanent and transitional housing to homeless persons. In addition, Continuum grants fund important services including job training, health care, mental health counseling, substance abuse treatment and child care. More than $1.5 billion in Continuum of Care grants are awarded competitively to local programs to meet the needs of their homeless clients. Continuum grants fund a wide variety of programs from street outreach and assessment programs to transitional and permanent housing for homeless persons and families. Half of all Continuum funding awarded today, more than $783 million, will support new and existing programs that help to pay rent and provide permanent housing for disabled homeless individuals and their families.

– Emergency Shelter Grants provide funds for the operation of local shelters and fund related social service and homeless prevention programs. HUD is awarding $160 million in Emergency Shelter Grants that are allocated based on a formula to state and local governments to create, improve and operate emergency shelters for homeless persons. These funds may also support essential services including job training, health care, drug/alcohol treatment, childcare and homelessness prevention activities. By helping to support emergency shelter, transitional housing and needed support services, Emergency Shelter Grants are designed to move homeless persons away from a life on the street toward permanent housing.

This year, HUD is transitioning away from a paper-based application process to a new electronic grant submission process called e-snaps. This new electronic system allows applicants to store their submissions as they work on them and significantly reduces the time it takes HUD staff to review these applications. It also saves considerable effort by avoiding burdensome and time-consuming data entry. In the end, e-snaps will streamline and accelerate the process of awarding HUD grant to local homeless programs across the country.

For more information, visit www.hud.gov and espanol.hud.gov.

ShareTweetShare
Paige Tepping

Paige Tepping

As RISMedia’s Managing Editor, Paige Tepping oversees the monthly editorial and layout for Real Estate magazine, working with clients to bring their stories to life. She also contributes to both the writing and editing of the magazine’s content. Paige has been with RISMedia since 2007.

Related Posts

Year-End Tune-Up: Streamline Your Real Estate Toolbox for 2026
Agents

Year-End Tune-Up: Streamline Your Real Estate Toolbox for 2026

November 25, 2025
Give Back
Agents

How to Give Back and Gain Clients This Holiday Season

November 12, 2025
Make Every Comment Count: Building Your Online Presence Through Intentional Engagement
Agents

Make Every Comment Count: Building Your Online Presence Through Intentional Engagement

October 21, 2025
How Roof Color Could Spur Faster Sales and Higher Offers
Agents

How Roof Color Could Spur Faster Sales and Higher Offers

September 30, 2025
RISMedia’s Contract & Commission Study Examines ‘Workarounds,’ Post-Settlement Shifts
Agents

RISMedia’s Contract & Commission Study Examines ‘Workarounds,’ Post-Settlement Shifts

September 26, 2025
Your Social Media Fall Audit: How to Refresh Your Digital Presence In Q4
Agents

Your Social Media Fall Audit: How to Refresh Your Digital Presence In Q4

October 3, 2025
Tip of the Day

7 Potential Under-the-Radar Issues That Could Derail a Deal

Key issues include the property’s history, potential environmental hazards and neighborhood dynamics that aren’t immediately obvious. Read more.

Business Tip of the Day provided by

Recent Posts

  • Not for Sale (Yet): How Unlisted Is Transforming Off-Market Real Estate
  • COURT REPORT: Zillow Lawsuits Consolidated; Class Action Against Homebuilder Giant Dropped
  • Google Brings Listings Straight to Search in Potential Bombshell Move

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X