HUD AWARDS NEARLY $100 MILLION IN NEW GRANTS TO PROMOTE SMARTER AND SUSTAINABLE PLANNING FOR JOBS AND ECONOMIC GROWTH

WASHINGTON, DC – October 14, 2010 – (RealEstateRama) — For the first time ever, the U.S. Department of Housing and Urban Development (HUD) is awarding nearly $100 million in new grants to support more livable and sustainable communities across the country. HUD Secretary Shaun Donovan today announced that 45 regional areas will receive funding through a new initiative intended to build economic competitiveness by connecting housing with good jobs, quality schools and transportation.


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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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