HUD Announces Funds for Thriving Communities Program
Today, HUD announced the availability of $5 million for the Thriving Communities Technical Assistance program. The program is funded by the Bipartisan Infrastructure Law that passed last year and the program is focused on providing transportation and community development activities, including affordable housing, to underserved communities.
HUD will use the $5 million to fund technical assistance providers to work with jurisdictions across the country to consider housing needs and boost supply as part of their larger infrastructure plans. Once technical assistance providers are selected, HUD will begin the process for qualifying local governments to come forward and request assistance.
Those interested in seeking grants can apply here and the applications are due by Nov. 22.
The U.S. Department of Transportation (DOT) released a similar funding opportunity; please see DOT’s press release for more information.
On Oct. 12, HUD and DOT will host a joint webinar for interested applicants to learn more about the Thriving Communities program and specific requirements of each funding opportunity. You may sign up for the webinar here.
Latest from NAHBNow
Trends
Feb 25, 2026
Is the Decline in Young Adult-Led Households a Cyclical Slip or the New Normal?The headship rates among young adults — the share of adults ages 25-34 heading their own households — declined in 2024 to 43.7% after a post-pandemic jump. Are cyclical factors causing household rates to fluctuate, or is the data pointing to a new long-term trend?
Legal | Legal Action Committee
Feb 25, 2026
NAHB Legal Action Fund Awards $125,000 in Legal Support at IBSAt its recent meeting at the 2026 International Builders’ Show in Orlando, the NAHB Legal Action Committee reviewed requests for Legal Action Fund assistance and recommended a total of $125,000 in legal grants which was approved by the NAHB Board of Directors.
Latest Economic News
Economics
Feb 25, 2026
Housing’s Share of GDP Declined Further at the End of 2025Housing’s share of the economy was 16.0% in the fourth quarter of 2025, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is down from 16.1% in the third quarter and is also lower than 16.3% as registered just one year ago.
Economics
Feb 24, 2026
Young Adult Headship Rates in 2024: Cyclical Slip or New Equilibrium?Reversing the post-pandemic rebound, the headship rates among young adults (the share of the population heading their own households) declined in 2024, according to NAHB’s analysis of the American Community Survey (ACS) data.
Economics
Feb 23, 2026
A 25-Basis-Point Decline in the Mortgage Rate Prices-In 1.42 Million HouseholdsHousing affordability remains a critical challenge nationwide, and mortgage rates continue to play a central role in shaping homebuying power. Although rates have declined from the recent peak of about 7.6% in 2023 to around 6.01% as of February 19,2026, they remain elevated relative to typical levels in the 2010s.