March 1, 2016
Tuesday’s Regulatory & Legislative Roundup
- HUD is making $40 million in grants to supports housing counseling organizations across the country to enable them to assist low- and moderate-income families.
- Los Angeles County has approved a comprehensive plan to fight homelessness, which includes a $2 billion investment over 10 years and $100 million in the next year for homeless services.
- Denver introduces a new Social Impact Bond Initiative (SIB) to provide housing and services for 250 homeless individuals struggling with mental health and substance abuse issues.
- The S. Treasury Department announced its $2 billion additional Troubled Asset Relief Program (TARP) funding for the Hardest Hit Fund (HHF), which will help assist struggling homeowners and stabilize neighborhoods through state Housing Finance Agencies.
