Market Data + Trends

HUD Awards $9.9 Million to Indianapolis for Housing and Homeless Prevention

Indianapolis receives federal support to fund community projects serving high-risk residents seeking affordable housing in Marion County
April 21, 2023

The U.S. Department of Housing and Urban Development (HUD) has awarded Indianapolis almost $10 million in Continuum of Care (CoC) funds to support more than 20 community projects serving high-risk residents in the county seeking affordable housing, according to a press release from the Indianapolis Department of Metropolitan Development, Fox 59 reports.

The announcement about the funding—Indianapolis’ largest award ever—was made by Indianapolis Mayor Joe Hogsett, the Coalition for Homeless Intervention and Prevention, the City-County Council, and the Department of Metropolitan Development, among other community partners.

This award comes after a Notice of Funding Opportunity (NOFO) was issued in August of 2022 by HUD for the CoC competition awards. This opportunity is one of the largest federal grants for cities to address homelessness. The city of Indianapolis applied and was awarded the $9.9 million figure, which was 100% of the funds requested, representing a consistent increase in money that the city has received over the past decade.

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