In a new Our Way Home blog post, Sarah Brundage, senior advisor for housing supply & infrastructure at HUD, and Ellen Lurie Hoffman, acting director of the office of community and economic development at Treasury, describe three examples of states utilizing American Rescue Plan (ARP) funding to serve their communities’ housing supply needs. The State and Local Fiscal Recovery Funds (SLFRF), authorized by the ARP, delivers $350 billion to state, territorial, local and Tribal governments across the country. According to Treasury’s latest reporting data, SLFRF recipients have committed over $5.4 billion for affordable housing development and preservation, part of a larger commitment of $16 billion overall in housing-related projects.
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