HUD Releases Formula Grant Allocations for FY17

June 14, 2017                                                              By:   Novogradac & Company

The U.S. Department of Housing and Urban Development (HUD) today released fiscal year 2017 (FY 2017) allocations for its Office of Community Planning and Development formula grant programs. Allocations to states and communities include approximately $3 billion for the Community Development Block Grant (CDBG) program, $958 million for HOME Investment Partnerships (HOME) program, $320 million for Housing Opportunities for Persons with AIDS (HOPWA), $270 million for Emergency Solutions Grants (ESG) and $219 million for the Housing Trust Fund (HTF)..........Read More