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PD&R UPDATES

6 August, 2024

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CASE STUDIES

In Broomfield, Colorado, New Development Breaks an Affordable Housing Drought

In Broomfield, Colorado, a new development called Academy Place has addressed a long-standing shortage of affordable family housing. Opened in April 2022, Academy Place offers 50 affordable units, including housing for refugee families from Afghanistan. The development includes various apartment sizes, from one to three bedrooms, with units reserved for different income levels. Amenities include energy-efficient appliances, a community room, and a playground. Residents also benefit from support services, such as health programs and job training, provided by local nonprofit Broomfield Fellowship in Serving Humanity. The $17.6 million project was funded through tax credits, a permanent loan, and deferred developer fees. Academy Place has been recognized for its quality and contribution to the community's affordable housing goals.

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DATASET RELEASES

ANNOUNCEMENTS

Eviction Protection Grant Program: $40 Million Available for Legal Assistance
The Eviction Protection Grant Program, first launched in 2021, supports experienced legal service providers in providing no cost legal assistance to low-income tenants at risk of or subject to eviction. New grant funds totaling $40 million are now available to eligible nonprofit or governmental entities, such as legal aid organizations; bar associations; legal clinics; institutions of higher education; housing counseling or other social service organizations that provide legal assistance; and local, state, or tribal agencies or courts. Grantees will also participate in research conducted by PD&R and will be expected to collect and submit data on services provided and associated outcomes.

PD&R is anticipating making approximately 25 awards of $500,000 to $2,500,000 each, with a total of $40,000,000 in grant funds available. We expect to award at least half of the total funds available to applicants who did not receive FY 2021 or FY 2022 Eviction Protection Grant Program funds as an awardee or subrecipient.

For more information about how to submit an application, please visit: https://www.hud.gov/program_offices/cfo/gmomgmt/grantsinfo/fundingopps

We encourage you to apply or spread the word of this opportunity throughout your networks. The deadline to submit an application is August 20, 2024.

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