The U.S. Department of Housing and Urban Development (HUD) has released $175 million in CoCBuilds Program grants to develop supportive housing. With more than 1.1 million households in need of supportive housing, this funding is a significant opportunity to expand housing options.
This policy brief outlines how Continuums of Care (CoCs) can maximize these grants. This one-time initiative aims to reduce homelessness by increasing supportive housing units. Twenty-five grants, ranging from $1 million to $10 million, will be awarded, with flexibility for capital, operating, and services expenses.