HUD Announces FY2020 Funding for HOME, CDBG, & National Housing Trust Fund

On April 17, 2020, the U.S. Department of Housing and Urban Development announced the federal FY2020 grants for the HOME program, the Community Development Block Grant program (CDBG), and the National Housing Trust Fund (HTF).

These grants are part of the federal budget for HUD in FY2020 and do not include additional funds for programs included in the CARES Act as part of the federal COVID-19 response.

For a list of all awards, including those for Housing Opportunities for Persons with AIDS (HOPWA) and Emergency Solutions Grants (ESG), click here.

The National Housing Trust Fund targets the building, rehabilitating, preserving, and operating rental housing for extremely low-income people.

HOME funds a variety of housing activities, according to local housing needs. Eligible uses of funds include tenant-based rental assistance; housing rehabilitation; assistance to homebuyers; and new construction of housing. HOME funding may also be used for site acquisition, site improvements, demolition, relocation, and other necessary and reasonable activities related to the development of non-luxury housing.

CDBG provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.