HUD provides $1.4 billion to benefit homeless.

Position:Business Alert - United States. Department of Housing and Urban Development

HUD ANNOUNCED IT WILL AWARD $1.4 BILlion in grants to more than 4,400 local homeless programs across the country--the largest single commitment of federal funds designed to provide shelter and care for those without a home of their own, according to HUD.

HUD Secretary Alphonso Jackson announced the funding and presented California Governor Arnold Schwarzenegger with a check at the People Assisting the Homeless (P.A.T.H.) Regional Homeless Center in Los Angeles in January.

"President Bush is deeply committed to supporting our most vulnerable neighbors, and I am pleased to reconfirm that commitment," said Jackson. "This unprecedented level of funds will go directly to those on the front lines, who work tirelessly every day to bring an end to chronic homelessness, and who provide services to the many individuals and families without a home of their own."

This is the fourth consecutive year HUD is providing record funding for homeless assistance, and is part of a larger federal strategy being embraced by a growing number of state and local communities to end long-term or chronic homelessness.

HUD's funding is provided in two ways. Continuum of Care grants provide permanent and transitional housing to homeless persons. In addition, Continuum grants fund important services such as...

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