Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs

by: Michael Saunders

The US Department of Housing and Urban Development, otherwise referred to as HUD, is a Cabinet department in the Executive branch of the US federal government.

HUD mainly focuses on creating strong, sustainable, inclusive communities and quality affordable homes for all.

Since its establishment in the 1960s, HUD has consistently been working towards strengthening the country's housing market to boost the economy and at the same time protect the consumers.

In addition to all their others programs, HUD has recently announced the Continuum of Care Homeless Assistance Programs, which can be broken down into three subprograms, namely; the Supportive Housing Program(SHP), the Shelter Plus Care Program(S+C), and lastly the the Section 8 Moderate Rehabilitation for Single Room Occupancy (SRO) Program.

The primary purpose of the CoC Homeless Assistance programs is to reduce the incidence of homelessness in established CoC communities, thereby the need to assist homeless individuals and families during the process of quickly transitioning to self-sufficiency and permanent housing.

For the year 2011, HUD has an allocated available budget of $1.63 billion for the CoC Homeless Assistance Programs.

All interested applicants are required to electronically submit their applications via e-snaps, which is accessible online through the HUD website.

Deadline for applications will be on October 28, 2011.

A CoC community will be deemed eligible to apply for this grant if its existing registration is was approved by the HUD during the fiscal year 2011. HUD announcement has emphasized that CoCs without approved registrations will not be permitted to submit applications.

  (continued...)

Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs
  Page 2

About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

Grants From the Department of Housing and Urban Development
Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

She also maintains Websites providing resources on environmental grants and grants for youth programs.

---

Downpayment Assistance Program for the First Time Home Buyers in North Carolina
In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.

---

Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina
One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

---

First Time Homebuyer Programs in California
The programs of CalHFA are constantly guided by its overall agency mission which is to "finance below market rate loans to create safe, decent and affordable rental housing and to assist first-time homebuyers in achieving the dream of homeownership."

---