Feds Announce Over $3 Billion in Homelessness Assistance Funding

The Biden administration announced it will distribute $3.16 billion in homelessness assistance funding through the Continuum of Care Program, which funds supportive housing initiatives, reports Quinn Purcell in Building Design & Construction. “HUD's approach encourages communities to adopt evidence-based strategies in combating homelessness, prioritizing interventions that prioritize housing stability alongside supportive services. HUD has expanded the program's eligibility criteria to address the unique challenges faced by rural communities in serving individuals experiencing homelessness.”

The new funding will be divided among 7,000 projects nationwide and represents the largest of its kind in history, signaling the scale of the homelessness crisis. “HUD’s Continuum of Care program provides grants to nonprofit providers, States, Indian Tribes, and local governments for permanent and short-term housing assistance, supportive services, planning, data, and other costs.”