Newsletter Articles | June 29, 2015
Supportive & Subsidized Housing – Contract Awards & New Opportunities
To be a potential provider of housing-related services requires an understanding of how supportive and subsidized housing are funded. The short answer – both supportive and subsidized housing is funded through U.S. Department of Housing and Urban Development (HUD) grants and programs, and supplemented by some state funds. HUD’s budget grew 10.1% since 2013 – now standing at $46.66 billion for 2015 and marking a 2.6% increase over 2014’s budget (see HUD Releases Proposed FY2015 Budget and <a href . . .