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ICF International Awarded $11 Million In Grants With U.S. Department Of Housing And Urban Development

Stocks in this article: ICFI

ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded two grants by the U.S. Department of Housing and Urban Development (HUD) to provide capacity-building services for the Office of Community Planning and Development (CPD). The grants have a total value of $11.1 million and terms of three years each.

Under this grant, ICF will support HUD’s CPD grantees and their nonprofit partners on state, county, and local levels across a range of activities, including: assessing capacity gaps and technical assistance needs; directing technical assistance to build skills, creating procedures and systems, and improving program operations; developing integrated website and associated web tools; providing webinars, courses, and other self-directed and group-learning opportunities; and writing a range of tools and products designed to assist with program design, implementation, and management. In addition, ICF will help improve local homelessness data collection and reporting systems called Homeless Management Information Systems.

“We are very pleased to continue our more than 25-year history of supporting HUD CPD in building state, local, and nonprofit capacity to undertake community development activities,” said Marsha Tonkovich, senior vice president for ICF International. “Technical assistance and training activities enable grantees and their partners to develop the skills and create the systems needed to plan, finance, and build sustainable, affordable, vibrant communities. We are honored to be a part of these efforts and look forward to working with HUD and with public agencies and nonprofit organizations to revitalize communities nationwide.”

For More Information

About ICF International

ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment, and infrastructure; health, social programs, and consumer/financial; and public safety and defense markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program lifecycle, from research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 4,500 employees serve these clients from more than 50 offices worldwide. ICF's website is http://www.icfi.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; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements 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.



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