HUD Drops Cash Bombs on Affordable Housing Heroes for 2022-2023
Published Date: 8/15/2025
Notice
Summary
The Department of Housing just announced who’s getting money for cool housing projects in 2023 and 2022. This means groups working on affordable homes, counseling, and neighborhood improvements will get funding to make a real difference. If you’re involved in these programs, keep an eye out for deadlines and new opportunities to boost your community!
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Affordable Housing Grants Awarded
The Department of Housing and Urban Development announced funding awards for multiple FY2023 programs, including the Continuum of Care, the FY23 Homeownership Initiative Grant, the FY23 Increasing the Supply of Affordable Housing through Off‑Site Construction and Pro‑Housing Reforms Research Grant Program, and FY23 Choice Neighborhoods Implementation Grants. This means groups working on building or preserving affordable homes will receive federal grant funding to support those projects.
Housing Counseling and ROSS Funding
HUD announced awards for housing counseling and resident services, including FY23 Comprehensive Housing Counseling and the FY22 and FY23 Resident Opportunity and Self‑Sufficiency (ROSS) Service Coordinator programs. Organizations that provide counseling and service coordination will receive grant funding to support residents' housing stability and self‑sufficiency.
ICDBG Community and Emergency Grants
The notice announces FY23 awards for ICDBG Single Purpose grants and FY23 ICDBG Imminent Threat (IT) grants. These grants fund community development and projects addressing imminent threats in eligible areas, providing resources to local groups for urgent community needs and improvements.
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