HUD Archives: News Releases


Region VI: No. 08-10
Patricia Campbell
(817) 978-5974

For Release
Thursday
March 27, 2008

HUD ANNOUNCES $234 MILLION FOR AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT IN TEXAS
Texas State Program, Cities of Houston and New Braunfels Receive Grants

FORT WORTH - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced the Texas State Program and the cities of Houston and New Braunfels will receive a total of $234,868,077 to support community development and produce more affordable housing. HUD's annual funding will also provide downpayment assistance
to first-time homebuyers; assist individuals and families who might otherwise be living on the streets; and offer real housing solutions for individuals with HIV/AIDS.

"This funding will help Texas to rebuild its neighborhoods and affordable housing stock," said Jackson. "By helping communities to improve their infrastructure or assisting families to purchase their first home, HUD is helping improve neighborhoods from the ground up."

The funding announced today includes:

  • Community Development Block Grant (CDBG) funds;
  • HOME Investment Partnerships (HOME) funding;
  • American Dream Downpayment assistance;
  • Emergency Shelter Grant (ESG); and,
  • Housing Opportunities for Persons with AIDS (HOPWA).

Since 1974, HUD's Community Development Block Grant (CDBG) Program has provided more than $120 billion to
state and local governments to target their own community development priorities. The rehabilitation of affordable housing and the improvement of public facilities have traditionally been the largest uses of CDBG although the
program is also an important catalyst for job growth and business opportunities. Annual CDBG funds are distributed
to communities according to a statutory formula based on a community's population, poverty, and age of its housing stock, and extent of overcrowded housing.

HOME (HOME Investment Partnerships Program) is the largest federal block grant to state and local governments designed exclusively to produce affordable housing for low-income families. Since 1992, more than 600 communities have completed more than 834,000 affordable housing units, including 352,000 for new homebuyers. In addition, 186,000 tenants have received direct rental assistance.

The American Dream Downpayment Initiative (ADDI) helps first-time homebuyers with the biggest hurdles to homeownership - downpayment and closing costs. The program was created to assist low-income first-time homebuyers in purchasing single-family homes by providing funds for downpayment, closing costs, and rehabilitation carried out in conjunction with the assisted home purchase. Since the program's inception, ADDI has assisted nearly 29,000 families to purchase their first home.

Emergency Shelter Grants (ESG) help local communities to meet the basic shelter needs of homeless individuals and families. These grants also provide transitional housing and a variety of support services designed to move the homeless away from a life on the street toward permanent housing. This block grant program, along with more than $14 million HUD awarded New Orleans and Jefferson Parish by competition, helps thousands of local homeless assistance programs to help those who would otherwise be living on the streets.

HUD's Housing Opportunities for Persons with AIDS (HOPWA) grants are distributed to states and cities based on the number of AIDS cases reported to the Centers for Disease Control and Prevention. The grants provide resources for operating community residences and providing rental assistance and support services to individuals with HIV/AIDS
and their families. In addition, the HOPWA program also helps many communities develop strategic AIDS housing
plans and fill in gaps in local systems of care. A stable home environment is a critical component for low-income persons managing complex drug therapies and potential side effects from their treatments.

TEXAS

HARRIS COUNTY

ADDI

$27,174

CDBG

$10,748,360

ESG

$475,349

HOME

$3,352,888

TOTAL

$14,603,771

NEW BRAUNFELS

CDBG

$339,352

TEXAS STATE PROGRAM

ADDI

$266,637

CDBG

$71,779,088

ESG

$5,261,641

HOME

$39,776,588

HOPWA

$2,841,000

TOTAL

$119,924,954

 

 
Content Archived: March 15, 2011