HUD ANNOUNCES $108 MILLION IN INDIAN HOUSING BLOCK GRANTS

WASHINGTON, DC – February 21, 2012 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced $108 million in additional Indian Housing Block Grant (IHBG) allocations to 68 tribes in 19 states. Thesefunds are distributed each year based on a formula to eligible Indian tribes or their tribally designated housing entities for a range of affordable housing activities.


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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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