On December 21, 2007, HUD announced the 2007 Continuum of Care Funding Awards. The news release is available by clicking here. To view the awards by County click on the county name in the list below. Overall New Jersey received awards totaling $31,829,896. This amount was $3,318,175 more than last year. The total increase from last year’s award was 12%. One third of the money – $10,478,086 – was for new permanent, affordable and supportive housing.
Counties that worked with Monarch Housing Associates received funding totaling $20,283,088 or 63.7% of the total awarded to NJ. Of the funding for new projects $7,472,216 or 71% was in counties working with Monarch Housing Associates. Of the new funds, $3,721,080 was for housing first initiatives in three counties – Trenton/Mercer, Bergen and Passaic.
More details will be provided over the next few days. Click here for an update.
Congratulations to everyone for a job well done!