HUD Announces CoC Renewal Awards: $1.5B to 7100 Communities
December 20, 2011
U.S. Housing and Urban Development Secretary Shaun Donovan awarded $1.47 billion to renew funding to more than 7,100 local homeless programs operating across the country. The funding will ensure these housing and service programs remain operating in 2012.
The funding is $62 million more than last year, the most homeless assistance ever awarded by the Department. HUD is renewing funding through its Continuum of Care programs to existing local programs as quickly as possible to prevent any interruption in federal assistance and will award funds to new projects in early 2012.
"The grants we're awarding today will literally keep the doors of our shelters open and will help those on the front lines of ending homelessness do what they do best," said Donovan. "It's incredible that as we work to recover from the greatest economic decline since the Great Depression, the total number of homeless Americans is declining, in large part because of these funds."