Department of Housing and Urban Development
|Published by||U.S. Department of Housing and Urban Development|
The Recovery Act includes $13.61 billion for projects and programs administered by the Department of Housing and Urban Development, nearly 75 percent of which was allocated to state and local recipients on February 25, 2009 – only eight days after President Obama signed the Act into law. Recovery Act investments in HUD programs will be not just swift, but also effective: they will generate tens of thousands of jobs, modernize homes to make them energy efficient, and help the families and communities hardest hit by the economic crisis. Almost all of the remaining 25 percent of funds have been awarded via competition since that time. Additional guidance on the implementation of all funds will be routinely provided on this website.