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Fifteen public housing authorities recently learned they would share $10.7 million in Department of Housing and Urban Development’s Public Housing Capital Fund Formula Grant funding to develop and upgrade affordable residential housing properties.
Now more affordable housing money is on the way.
Multiple localities will receive $29 million in federal funding — through the U.S. Department of Housing and Urban Development’s Community Planning and Development formula grant programs — to construct and rehabilitate affordable housing, improve public services and address homelessness.
And five tribal communities were awarded a total of $6,456,253 through the U.S. Department of Housing and Urban Development’s Indian Housing Block Grant program to support the development and maintenance of affordable housing.
Community Planning and Development awards are distributed through multiple HUD programs.
“This funding will help communities across our state expand access to stable and affordable housing while improving essential local services and supporting job creation,” said U.S. Sen. Susan Collins, R-Maine. “As chair of the Senate Appropriations Committee, I will continue to champion investments in housing and community infrastructure so that more Maine families and individuals can find a safe place to call home."
The Community Development Block Grant program supports the development of viable urban communities by funding housing, public infrastructure and job creation programs that primarily benefit low- and moderate-income residents.
Funding was allocated as follows:
The HOME Investment Partnerships program provides formula grants to build, buy or rehabilitate affordable housing for rent or homeownership, or to provide direct rental assistance to low-income households:
The Housing Trust Fund program funds the production and preservation of affordable housing for extremely low- and very low-income households:
The Emergency Solutions Grant program helps individuals and families quickly regain stable housing after experiencing homelessness or a housing crisis:
The Recovery Housing program provides temporary housing support for individuals recovering from substance use disorders:
The $6,456,253 awarded to five tribal communities can be used for various affordable housing activities, including construction, rehabilitation and housing services tailored to the unique needs of tribal communities:
“This funding will help address critical housing needs, improve quality of life and strengthen tribal communities across our state,” said Collins.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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