HUD AWARDS $7.4 MILLION TO 10 HISTORICALLY BLACK COLLEGES AND UNIVERSITIES

WASHINGTON, DC – September 17, 2010 – (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $7.4 million to 10 historically black colleges and universities to help revitalize neighborhoods, promote affordable housing and stimulate economic development in their communities. The funding announced today is provided through HUD’s Historically Black Colleges and Universities (HBCU) Program. Donovan made the announcement to the Congressional Black Caucus’ Annual Legislative Conference in Washington.


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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