Home Loan Focus

Secretary Donovan awards over a billion dollars in Recovery Act Funding to prevent homelessness across the country

WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $1.2 billion to over 400 communities across the nation to rapidly re-house families who fall into homelessness, or prevent them from becoming homeless in the first place. The funding is provided through the American Recovery and Reinvestment Act of 2009 to help persons and families facing a sudden financial crisis that could lead to homelessness. To view the list of grantees receiving funding under this round of grants, visit HUD’s Recovery Act website.

Source: http://www.hud.gov/news/release.cfm?content=pr09-113.cfm

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