HUD recently issued notification of intent to terminate Section 4 and technical assistance contracts with several housing organizations.
Why it matters: Authorized by Congress in 1993, Section 4 enhances the capacity and ability of community development corporations (CDCs) and community housing development organizations (CHDOs) to carry out community development and affordable housing activities that benefit low-income persons.
What they’re saying: Enterprise Community Partners released a statement sharing the impact on their organization of the canceled contracts.
