New Tenant Resource Network Awards $5 Million

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Posted: Monday, June 18, 2012 8:15 pm | Updated: 8:19 pm, Mon Jun 18, 2012.

WASHINGTON – In an effort to help low-income tenants receiving Section 8 project-based rental assistance and to preserve affordable housing, the U.S. Department of Housing and Urban Development awarded nearly $5 million to 15 nonprofit organizations through HUD’s new Tenant Resource Network. The purpose of TRN is to make grants to qualified nonprofit organizations to assist, inform, educate and engage tenants living in certain Section 8-assisted properties at risk of losing affordability protections or project-based rental assistance.

“The Tenant Resource Network is designed to help working families who are at greatest risk of being priced out of their rental market,” said Carol Galante, HUD’s Acting Assistant Secretary for Housing. “The whole purpose of this program is to empower families living in HUD-assisted housing, giving them the information and options they need to stay in their homes.”

One goal of the TRN program is to assist tenants living in project-based Section 8 housing regarding their rights, responsibilities and options when a property owner ‘opts-out’ the program, pre-pays their mortgage, or repeatedly fails to meet HUD’s housing standards. The second purpose of the program is preservation of HUD-assisted affordable housing by engaging tenants in efforts to preserve eligible properties as affordable housing.

SOURCE: U.S. Department of Housing and Urban Development

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