HUD Awards $56 Million In Tribal Grants

Posted by Orb Staff on May 03, 2012 No Comments
Categories : Residential Mortgage

11469_hud HUD Awards $56 Million In Tribal Grants The U.S. Department of Housing and Urban Development (HUD) has awarded more than $56 million to 76 tribal communities for projects designed to improve housing conditions, promote community development and spur local economies with construction projects and jobs.

The competitive grants awarded are part of HUD's Indian Community Development Block Grant Program that addresses a wide variety of community development and affordable housing activities for low- to moderate-income families.

Among the tribes receiving grants are the Caddo Nation in Oklahoma, which will use its $800,000 grant to build a community facility for elderly low-income residents; the Ho-Chunk Nation in Wisconsin, which will devote its $600,000 grant to install solar photovoltaic panels on low-income single-family home and apartment rental units to decrease resident energy cost by 24%; and the Cook Inlet Tribal Council in Alaska, which will target its $600,000 grant to help build a group home for Alaska Native youth near Bartlett High School and the Alaska Native Heritage Center.

‘These grants are a step forward in forging solutions to improve the housing and economic conditions for some of our country's most culturally rich neighborhoods,’ says HUD Secretary Shaun Donovan. ‘I'm impressed at the energy and creativity in how these communities are leveraging public funds to create lasting solutions for countless families.’

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