REMINDER: NADO Briefing on Housing Assistance Legislation

NADO invites regional development organizations to participate in a special briefing from HUD and CDFI staff who will provide an overview and update on programs to support state and local housing assistance initiatives. The briefing will take place Thursday, November 6 at 4:00 pm (Eastern).

Housing assistance legislation (HR 3221) enacted earlier this year contained significant program resources to assist local states and local governments address foreclosures and downturns in local housing markets. Included in this was $4 billion in funds directed to states and local governments, through the Community Development Block Grant (CDBG) program, for a variety of housing-related activities. In addition, within the Community Development Financial Institutions (CDFI) Fund, the legislation established a new Capital Magnet Fund to sustain a variety of housing and community and economic development activities.

Presenters include:

Steve Johnson, Director, Entitlement Communities Division, Office of Block Grant Assistance, Department of Housing and Urban Development

Matt Josephs, Program Manager, New Markets Tax Credit Program, Community Development Financial Institutions Fund, Department of the Treasury

To participate:

Dial-In: 1-877-250-4161 or 1-847-413-3744
Passcode: 9372569#

For additional information, contact NADO Legislative Director Jason Boehlert at 202.624.8590 or jboehlert@nado.org.


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