The U.S. Department of Housing and Development (HUD) recently awarded global consulting and technology services provider ICF (NASDAQ: ICFI) several new cooperative agreements to provide community development and advanced technology and analytics services to its Community Compass program. The combined agreements, which were awarded in the third quarter of 2023, have a multimillion-dollar value and a term of three years.
ICF’s housing, disaster management, climate and technology experts will partner with HUD to provide technical assistance, training, data analysis and more to help cities, counties, states and nonprofits nationwide build capacity to implement effective community development programs, prevent and end homelessness, and secure stable, resilient and sustainable housing. The company will also continue to manage HUD Exchange, the agency’s cloud-based platform that provides resources and assistance to HUD’s community partners. This includes applying human-centered design to enhance the user experience and modernizing training.
Additionally, ICF will support communities with technical assistance for the Homeless Management Information System, ensuring compliance with HUD and federal partner requirements as well as implementing best practices to mobilize data to address homelessness efficiently, effectively and equitably.
“Homelessness continues to be one of our nation’s most complex social challenges,” said