Congressman Joe Neguse Announces Housing and Urban Development Grant for Boulder Housing Partners

Washington, D.C.— Today, Congressman Joe Neguse announced that Boulder Housing Partners will receive a Housing and Urban Development (HUD) grant of nearly $450,000 in the 2019 Fiscal Year. Boulder is one of only seven municipalities in Colorado to receive a competitive grant this round, in addition to Fort Collins.

“Across the 2nd district, securing affordable housing is a critical priority for many of my constituents. As our communities expand and grow, far too many are being priced out of our city limits and are being forced to live farther away from work and community resources,” said Congressman Joe Neguse. “I am pleased that the government is awarding funding to areas like Boulder so that we can continue to address this dire need and fundamental human right.”

“Affordable housing is a priority that the City of Boulder is working on aggressively to advance. We recently adopted a 15% by 2035 goal for affordable housing stock in the city,” said Boulder Mayor, Sam Weaver. “This grant award means that 39 families and individuals will no longer be cost-burdened for housing and we are 39 homes closer to our goal.

“A federal grant such as this will be significant to Boulder Housing Partner’s goal to increase affordable housing opportunities across our county and make living in Boulder possible and affordable for everyone, regardless of their income,” said Jeremy Durham, executive director of Boulder Housing Partners. “We’re grateful for the support of our local and federal policy makers to ensure Boulder is considered in the designation of such grants.

HUD awards discretionary funding through over 20 Grant programs that support HUD initiatives, including Affordable Housing Development and Preservation, Community and Economic Development, Environment and Energy, Fair Housing, Homelessness, Homeownership, Rental Assistance, and Supportive Housing and Services.

Earlier in 2019, Congressman Neguse introduced a bicameral legislative package to ensure fair, equitable policies on affordable housing contracts. The two bills, the Save Affordable Housing Act and the Affordable HOUSE Act, change existing rules for properties constructed with the Low-Income Housing Tax Credit to cut red tape and preserve America’s commitment to providing affordable housing.