The U.S. Department of Housing and Urban Development (HUD) recently announced that $201 million in additional funds will be coming to Ohio to address the need of affordable housing. These funds are the result of the American Rescue Plan signed into law by President Joe Biden on March 11, 2021.
In addition to affordable housing needs, the funds can be used for rental assistance for tenants, supportive services, and acquisition and/or development of non-congregate shelter units. All funds must be spent by 2030.
HUD Secretary Marcia Fudge said that the supplemental funding will be allocated
through the HOME Investment Partnerships Program and that there is enough money to create approximately 30,000 new housing units in Ohio.
While the state will receive the largest share of the dollars, a number of local counties and cities receive a portion of the total funding, including, but not limited to:
| ||Cuyahoga County ||$9,879,339 |
| || Cleveland |
| ||Franklin County ||$3,158,302 |
| || Columbus |
| ||Hamilton County ||$5,464,367 |
| || Cincinnati |
| ||Montgomery County ||$3,868,913 |
| || Dayton |
| ||Summit County ||$1,535,739 |
| || Akron |
| ||Stark County ||$3,228,483 |
| || Canton |
| ||State of Ohio ||$90,557,128 |
The complete list of American Rescue Plan Act HOME Supplemental Allocation recipients is provided by HUD.
Calfee’s Federal Government Relations and Policy team will provide ongoing updates related to the developments at HUD and our understanding of Secretary Fudge’s plans to address infrastructure, affordable housing, and supporting healthy families across the country.