HUD’s Sustainable Communities grants are helping communities – and getting an impressive return on investment
The U.S. Department of Housing and Urban Development’s Office of Sustainable Housing and Communities (OSHC) has already helped hundreds of towns and cities across the country become economically stronger, environmentally sustainable, and more inclusive through its workshops, technical resources and grant programs. As a new report explains, these programs are also making the most of federal investments.
OSHC’s 2011 accomplishments update explains that the Office’s 152 grants in 48 states, totaling $240 million, generated almost $253 million in private investments and commitments from local partners. The Sustainable Communities grants, one of the major grant programs administered by the Office, generated $115 million in matching and in-kind contributions – more than 120% of the original $95.8 million invested.