NJ Receives Over $2.5 Million in Tier 2 CoC HUD Funding

HUD Announces Tier 2 CoC Awards

HUD Secretary Shaun DonovanOn June 19, 2014, the U.S. Dept. of Housing and Urban Development (HUD) has released the 2013 Continuum of Care Competition awards for Tier 2 and New Projects.

New Jersey received a total of $2,678,038 in funding.

Of the total the breakdown by type of grants in NJ was:

  • Planning Grants – $300,743
  • New Projects – $1,472,033
  • Renewal Projects – $905,262

Of the total, CoC’s working with Monarch Housing received $1,504,888, which was 56% of the total.

The Tier 1 Awards were announced in April and NJ received New Jersey received $27,766,189 for a total of 201 renewals.

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced a second round of grants totaling $140 million to nearly 900 local homeless assistance programs across the country. Provided through HUD’s Continuum of Care Program, the funding ensures additional permanent and transitional housing renewal projects are able to continue operating in the coming year, providing critically needed housing and support services to those persons and families experiencing homelessness.

This round of funding completes the Continuum of Care (CoC) Program awards for Fiscal Year (FY) 2013, adding to the $1.6 billion in renewal grants that Secretary Donovan announced in April.

Today’s grant announcement includes 436 new local projects aimed at providing permanent supportive housing for persons experiencing chronic homelessness through a Housing First approach and to “rapidly re-house” families with children that are living on the street or in emergency shelters.

“Communities all across the country are changing their approach to reducing homelessness and now is not the time to retreat from doing what we know works. Investing in proven strategies such as ‘Rapid Re-housing’ and ‘Housing First’ help to break the cycle of homelessness as we’ve known it in these communities.”

Said Donovan.

The funding comes during a year when HUD, in order to implement the required 5 percent cut under sequestration, asked CoCs to make hard budgetary decisions about what programs to prioritize for funding during the FY2013 CoC Program Competition. Consequently, more than 300 otherwise eligible project applications were not awarded funding.

Click here for a complete list of the awards.

Click here for the HUD press release.

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