HUD Archives: News Releases

HUD No. 04-065
Brian Sullivan
(202) 708-0685 ext. 7527
For Release
July 8, 2004

Funds will help produce affordable housing in Florida

WASHINGTON - Housing and Urban Development Secretary Alphonso Jackson today announced $773,186 in grants
to help more than one hundred rural communities in 36 states stimulate local economies, produce more affordable housing and boost job growth. The funding is provided through HUD's Rural Housing and Economic Development Program (see chart below).

In addition, these grants are expected to generate nearly $48 million from other public and private sources to
further promote economic development and employment.

"This investment in rural America demonstrates that this Administration's commitment to our nation's heartland is strong," said Jackson. "These grants will help rural communities across Florida produce affordable housing and jobs where they're needed most."

Rural Housing and Economic Development grants help pay for land acquisition, new home construction, housing demolition, infrastructure improvements and construction training. Other possible uses include homeownership and financial counseling; financial assistance to homeowners, businesses and developers; creating micro enterprises
and small business incubators; and, establishing lines of credit or revolving loan pools to benefit the local business community.

Rural non-profit organizations, federally recognized Native American tribes, community development corporations
and state agencies will administer these grants. The funding will help 105 rural communities to build and improve affordable housing, create jobs and generate community and economic development.

Rural communities will use this funding as seed money to pay the start-up costs for housing or economic
development projects. These grants will also help organizations to hire and train their staffs, develop strategic
plans and acquire office space and other needed facilities.

Florida Everglades Community Association, Inc.
Clay County Habitat for Humanity/Middleburg
Florence Villa Community Development Corporation
Seminole Tribe of Florida

HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and 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 and


Content Archived: March 15, 2011