HUD No. 03-1004 Gloria Shanahan (305) 536-5678 ext. 2254 |
For Release Thursday October 16, 2003 |
HUD DELIVERS $58 MILLION IN COMMUNITY DEVELOPMENT AND HOUSING FUNDS FOR SOUTH FLORIDA
HUD grants invest in people and places in need
MIAMI - South Florida will receive $58,335,280 in federal assistance through the Department of Housing and Urban Development to stimulate local economies, produce affordable housing, help the homeless, and assist families and individuals with HIV/AIDS. In making today's announcement, HUD's Regional Director Brian Noyes said the funding signals HUD's commitment to helping local communities design their own plan to help lower income families.
"The funding we announce today is an investment in South Florida's
future - promoting economic development and
job growth, increasing
the supply of affordable housing and helping our most vulnerable
neighbors," said Noyes.
"These resources are evidence of HUD's continuing
commitment to provide communities with the resources they
need to
meet the particular needs of their residents."
The funding announced today includes:
- $31,562,000 in Community Development Block Grant (CDBG) funds;
- $15,187,280 in Home Investment Partnerships (HOME) funding;
- $969,000 in Emergency Shelter Grant (ESG); and,
- $10,617,000 for Housing Opportunities for Persons with AIDS (HOPWA).
HUD's Community Development Block Grant (CDBG) Program enables
state and local governments to target their
own economic development
priorities. 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
for lower income families and neighborhoods.
HOME (Home Investment Partnerships Program) is the largest
federal block grant to state and local governments designed exclusively
to create affordable housing for low-income households. Since 1992,
nearly 700,000 affordable housing units have been acquired, constructed
or rehabilitated and nearly 70,000 tenants have received direct
rental assistance. In addition, more than 200,000 new homebuyers
have received assistance to purchase their first homes through the
HOME program.
Emergency Shelter Grants (ESG) help communities meet the
basic shelter needs of homeless individuals and
families. Part of
HUD's award-winning Continuum of Care initiative, these grants also
provide transitional housing
and a variety of support services designed
to move the homeless away from a life on the street toward permanent
housing.
HUD's Housing Opportunities for Persons with AIDS (HOPWA)
grants are distributed based on the number of AIDS cases reported
to the Centers for Disease Control and Prevention. The grants provide
rental assistance and support services to individuals with HIV/AIDS
and their families. In addition, the HOPWA program also helps many
communities develop strategic AIDS housing plans and fill in gaps
in local systems of care.
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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DISTRIBUTION OF FUNDS FOR SOUTH FLORIDA
Broward County | CDBG | $5,732,000 |
HOME | $5,059,408 |
|
ESG | $170,000 |
|
Total | $10,961,408 |
|
Lee County | CDBG | $2,587,000 |
HOME | $814,053 |
|
ESG | $75,000 |
|
Total | $3,476,053 |
|
Punta Gorda | CDBG | $96,000 |
Pompano Beach | CDBG | $1,187,000 |
HOME | $499,098 |
|
Total | $1,686,098 |
|
Plantation | CDBG | $650,000 |
Miami Beach | CDBG | $2,163,000 |
HOME | $1,292,021 |
|
ESG | $95,000 |
|
Total | $3,550,021 |
|
Miami | CDBG | $10,132,000 |
HOME | $5,140,914 |
|
ESG | $440,000 |
|
HOPWA | $10,617,000 |
|
Total | $26,329,914 |
|
Margate | CDBG | $523,000 |
Lauderhill | CDBG | $1,012,000 |
Hialeah | CDBG | $5,261,000 |
HOME | $2,381,786 |
|
ESG | $189,000 |
|
Total | $7,831,786 |
|
Fort Myers | CDBG | $830,000 |
Cape Coral | CDBG | $744,000 |
Boynton Beach | CDBG | $645,000 |