General World News

HUD to invest $469M in housing renovation, preservation and safety

The U.S. Department of Housing and Urban Development (HUD) on Monday announced $469 million in new funding that will go toward fixing up older homes, renovating existing stock with new safety features and preserving affordable housing.

The funds will be allocated to state and local governments under HUD’s lead-hazard control grant programs, which are targeted to “the most vulnerable residents of communities with limited local resources to address these hazards,” HUD stated.

HUD acting secretary Adrianne Todman sees these investments as an important step to further the goals of the details ⇒

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