CPD Formula Allocations and CARES Act Supplemental Funding Released

HUD’s office of Community Planning and Development (CPD) has released it’s program formula allocations for FY 2020 and the CARES Act supplement funding. HUD has posted two spreadsheets. The first includes all CPD formula grant programs, including CDBG, CDBG Housing Recovery Program (RHP), HOME Investment Partnerships (HOME), Housing Opportunities for Persons with AIDS (HOPWA), Emergency Solutions Grants (ESG). The second spreadsheet lists all CARES Act Grants.

The spreadsheets can be found here.

CoC, ESG, HOPWA Waivers Available

HUD’s Office of Community Planning and Development (CPD) recently released a memorandum highlighting the availability of certain regulatory requirements associated with the Housing Opportunities for Persons with AIDS (HOPWA) program, Emergency Solutions Grants (ESG) program, and the Continuum of Care (CoC). HUD’s memo also announces a simplified notification process to use waiver flexibility to expedite the delivery of assistance. Waivers must be used to assist affected CPD program beneficiaries and program eligible households to prevent the spread of COVID-19 and to mitigate against the economic impact caused by COVID-19. To use the waivers, recipients must notify in writing, either through mail or e-mail, to the CPD Director of the HUD Field Office serving its jurisdiction no less than two days before the recipient anticipates using the waiver flexibility.

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Missed Our Virtual Convening? Recordings Now Available!

Despite the challenges posed by COVID-19, NAHRO remains committed to connecting members and others with industry leaders and important perspectives. In lieu of our cancelled Washington Conference, we put together a complimentary virtual convening on March 30-31, and are now pleased to provide links to both events. 

Dr. Raphael Bostic, President of the Federal Reserve Bank of Atlantadiscussed the bank’s reaction to the COVID-19 crisis, presented on Inclusive Economic Development: Lessons and Challenges, and took questions from attendees. View this webinar here.  

Dr. Mark Calabria, Director of the Federal Housing Finance Agencydiscussed FHFA’s reaction to the COVID-19 crisis, its mission, its role in the housing sector, and his thoughts on critical milestones ahead. View this webinar here. 

Thank you to Yardi for sponsoring both events!   

Watch out for more virtual events as NAHRO continues to provide its members with the news, analysis, and guidance they need.