2026 IBS
 
Register by Feb. 14 to Avoid Onsite Pricing in Orlando. Register now
 

HUD Announces Funds for Thriving Communities Program

Housing Affordability
Published
Contact: Michelle Kitchen
[email protected]
Senior Director, Multifamily Finance
(202) 266-8352

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.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

IBS | Membership

Feb 10, 2026

Planning for IBS? Schedule a Stop at NAHB HQ

NAHB HQ has something for everyone. All registrants can participate in enrichment sessions, learn about NAHB membership, and network with attendees. NAHB members will have exclusive member-only areas with giveaways, snacks, charging areas, and more.

Advocacy

Feb 09, 2026

House Passes NAHB-Supported Major Housing Package

The House this evening approved the Housing for the 21st Century Act, a major bipartisan housing package that takes much-needed steps toward addressing our nation’s critical lack of housing.

View all

Latest Economic News

Economics

Feb 10, 2026

Credit Card Balances Rise in Q4 2025

Overall consumer credit continued to expand in the fourth quarter of 2025, with growth in both nonrevolving and revolving credit. Nonrevolving credit, primarily student and auto loans, accounts for 74% of total outstanding consumer credit, while revolving credit, largely credit card balances, makes up the remaining 26%.

Economics

Feb 10, 2026

Weaker Demand, Unchanged Lending Conditions for Residential Mortgages in Fourth Quarter

Lending standards for most types of residential mortgages were essentially unchanged but overall demand was weaker in the fourth quarter of 2025, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS).

Economics

Feb 09, 2026

Lower Rates Lift Mortgage Activity at Start of the Year

Mortgage application activity rose sharply in January, driven primarily by a surge in refinancing activity as mortgage rates declined to a new low. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, increased 12.9% from December on a seasonally adjusted basis and was 61.3% higher than a year earlier.