Company Will Build Capacity to Support
Stable Housing and Community Programs
RESTON,
Va., Nov. 20, 2023 /PRNewswire/ -- 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 Jennifer
Welham, ICF senior vice president for health, people and
human services. "We are committed to empowering HUD community
partners with the tools and resources needed to effectively
implement critical programs that curb homelessness; provide safe,
affordable, resilient and sustainable housing; and transform
communities through equitable programs that improve the quality of
life for all."
ICF has over three decades of experience helping organizations
administer programs that bring economic transformation to families
and neighborhoods and help create inclusive economies. The company
supports capacity-building programs for low-income and marginalized
populations by empowering states, localities and nonprofits to
construct inclusive, resilient and sustainable communities.
Read more about ICF's social programs and community development
services.
About ICF
ICF is a global consulting and technology
services company with approximately 9,000 employees, but we are not
your typical consultants. At ICF, business analysts and policy
specialists work together with digital strategists, data scientists
and creatives. We combine unmatched industry expertise with
cutting-edge engagement capabilities to help organizations solve
their most complex challenges. Since 1969, public and private
sector clients have worked with ICF to navigate change and shape
the future. Learn more at icf.com.
Caution Concerning Forward-looking
Statements
Statements that are not historical facts
and involve known and unknown risks and uncertainties are
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. Such statements may concern our
current expectations about our future results, plans, operations
and prospects and involve certain risks, including those related to
the government contracting industry generally; our particular
business, including our dependence on contracts with U.S. federal
government agencies; our ability to acquire and successfully
integrate businesses; and the effects of the novel coronavirus
disease (COVID-19), or any other future pandemic, and related
national, state and local government actions and reactions, on the
health of our staff and that of our clients, the continuity of our
and our clients' operations, our results of operations and our
outlook. These and other factors that could cause our actual
results to differ from those indicated in forward-looking
statements that are included in the "Risk Factors" section of our
securities filings with the Securities and Exchange Commission. The
forward-looking statements included herein are only made as of the
date hereof, and we specifically disclaim any obligation to update
these statements in the future.
Contact: Lauren Dyke,
lauren.dyke@ICF.com, +1.571.373.5577
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SOURCE ICF
