HUD AND DOT AWARD $68 MILLION TO CREATE SUSTAINABLE LIVABLE COMMUNITIES

WASHINGTON, DC – October 20, 2010 – (RealEstateRama) — In an unprecedented collaboration between two federal agencies, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Transportation (DOT) today jointly awarded nearly $68 million to help stimulate a new generation of sustainable and livable communities that connect housing, employment and economic development with transportation and other infrastructure improvements. The joint HUD-DOT funding will support 62 local and regional partnerships seeking to create a more holistic and integrated approach to connecting affordable housing, job opportunities and transportation corridors.


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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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