BUSH ADMINISTRATION DELIVERS $2.6 MILLION IN COMMUNITY DEVELOPMENT FUNDS FOR GLENDALE, ARIZONA

PHOENIX - Housing and Urban Development Secretary Alphonso Jackson today announced the City of Glendale, Arizona will receive $2,668,000 in federal assistance to stimulate its local economy and produce more affordable housing.

"This Administration is committed to promoting economic development and job growth, increasing the supply of affordable housing, and helping our most vulnerable neighbors," said Jackson. "These funds will serve as a catalyst
for low-income families trying to cross the threshold into homeownership and reinforces our commitment to
rebuilding entire communities."

The funding announced today is provided through HUD's Community Development Block Grant Program. For the
past 30 years, CDBG has awarded over $108 billion to state and local governments to target their own community development priorities. CDBG is one of HUD's oldest and most popular programs. The rehabilitation of affordable housing has traditionally been the largest single use of the grants although CDBG is also an important catalyst for
job growth and business opportunities. CDBG funds are distributed by formula around the country based on a community's population, income levels, poverty rates and the age of its housing stock.

HUD's block grant programs are distributed by formula around the country based on criteria including population, income levels, poverty rates and age of housing stock.

HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities, creating affordable housing opportunities for low-income Americans, supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development as well as
enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet.

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Note to editors: Communities that choose to receive their block grants at other times of the year are not
included in today's announcement.