HUD Sending $83.2 Million to Florida Groups Helping the Homeless

Barrio Logan Shelter

"HUD stands with our local partners who are working each and every day to house and serve our most vulnerable neighbors", HUD Secretary Ben Carson said in a statement.

Los Angeles County - which has the nation's second-highest number of homeless people of any region at more than 55,000 - will receive about $122 million. "Progress is being made but we must remain resolute in our mutual commitment to more innovatively and effectively address homelessness through a housing-first approach that is evidence based". Those grants will be allocated separately from today's announced $2 billion in funding and are due to be announced sometime in mid-March.

New federal funding is heading to New Jersey to help support efforts to put an end to homelessness in the state.

The extra grant will help the San Francisco government expand programs to provide housing for the homeless sleeping on the streets.

The aggregate sum awarded to entities within California was $382,566,777 - the largest amount of any state.

Relative Strength Index Pointing to Overbought Range for Halliburton Company (NYSE:HAL)
Weybosset Research & Management Llc holds 5.87% of its portfolio in Federal Agricultural Mortgage Corporation for 121,535 shares. After $0.42 actual EPS reported by Halliburton Company for the previous quarter, Wall Street now forecasts 9.52 % EPS growth.

According to HUD, its annual homeless assessment indicated temporary and long-term homelessness among individuals edged up almost 1 percent in 2017.

In December, the department reported an increase in homelessness across the country, particularly among those experiencing long-term chronic homelessness. Family homelessness increased by 4 percent. In addition to coordinating funding for area homeless programs, they will count all local homeless people in a single night at a later point in the year.

According to HUD's statistics, last year, there were nearly 554,000 homeless Americans, an increase of.7 percent from last year with much of that increase taking place in California.

The programs consist of planning agencies known as "continuums of care".

HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.

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