News Logo

Funding News

HUD Announces $5.5 Million To Conduct Housing And Community Development Research For HBCUs

HUD gives $5.5 Million to conduct research on housing and community development and build affordable housing for low-income individuals.

March 28, 2023

Washington- The Department of Housing and Urban Development (HUD) announced $5.5 Million for historically black colleges and universities (HBCUs) to Texas Southern University to establish centers of excellence (CoE) to conduct housing and community development research. Nearly $6 Billion investment has been delivered by the Biden- Harris administration in support of HBCUs.

HBCUs are significant as they create economic opportunities both for students as well as the communities they serve. The partnership with HBCUs will support strong communities, build affordable housing, promote homeownership, create job opportunities, and revitalize neighborhoods. The grant will provide additional support to HBCUs, enhancing their initiatives and creating more opportunities for underserved communities to bolster community development.

Texas Southern University has been granted $3 million to amplify the operations of the Center of Excellence, which in turn focuses on conducting policy research in Housing and Community Development. The research will emphasize individual and community wealth building, housing security, and stability along with planning and infrastructure affecting underserved communities.

Besides this, North Carolina and A&T University were also awarded $2.5 Million to establish a research center focussing on the production of affordable housing, homeownership, sustainable communities, renewable energy, and post-disaster recovery.

Article Sources

Arrow Down Sign

The content provided in this article draws inspiration and includes quotes from various reputable sources, including news articles, government data, and interviews. Affordable Housing 411 strives to ensure accuracy and credibility, but the information presented may be based on some external sources. We encourage readers to refer to the referenced materials for more in-depth insights and verification.

Department of Housing and Urban Development. “HUD Announces $5.5 Million Award for HBCUs to Conduct Housing and Community Development Research”. HUD, March 28, 2023, HUD Announces $5.5 Million Award for HBCUs to Conduct Housing and Community Development Research | / U.S. Department of Housing and Urban Development (HUD)

Last Updated: September 20, 2021