The US Department of Housing and Urban Development offers competitive IHBG grants in addition to the non-competitive formula grants administered through the IHBG program. Grant funds may be used to develop, maintain, and operate affordable housing in safe and healthy environments on Indian reservations and in other Indian areas, and carry out other affordable housing activities. Grant funds must be used to primarily benefit low-income Indian families. HUD strongly encourages new affordable housing construction projects that will increase the number of housing units available for low-income Indian families and help address the housing shortage in Indian Country. Additionally, HUD encourages housing rehabilitation projects that will increase the useful life of existing affordable housing units and alleviate substandard housing conditions. It is unclear whether or not this funding source will be available in subsequent years.
US Department Of Housing And Urban Development (HUD)
The Department of Housing and Urban Development (HUD) is responsible for national policy and programs that address America’s housing needs, that improve and develop the Nation’s communities, and enforce fair housing laws. HUD’s business is helping create a decent home and suitable living environment for all Americans, and it has given America’s communities a strong national voice at the Cabinet level. HUD plays a major role in supporting homeownership by underwriting homeownership for low and moderate income families through its mortgage insurance programs.
The primary programs administered by HUD include:
Mortgage and loan insurance through the Federal Housing Administration;
Community Development Block Grants to help communities with economic development, job opportunities and housing rehabilitation;
Rental assistance in the form of Section 8 certificates or vouchers for low-income households; and