HUD Archives: News Releases


HUD No. 02-926IL
Anne Scherrieb
(312) 353-6236 ext. 2666
For Release
Thursday
September 26, 2002

BUSH ADMINISTRATION ANNOUNCES MORE THAN $9.9 MILLION IN
HOUSING AND COMMUNITY DEVELOPMENT FUNDS FOR ST. CLAIR AND MADISON COUNTIES

CHICAGO - St. Clair and Madison Counties in Illinois will receive more than $9.9 million in federal assistance to stimulate their economies, promote affordable housing and help the homeless, Housing and Urban Development Secretary Mel Martinez announced today.

The funding includes:

  • Madison County - $4,007,000 in Community Development Block Grant (CDBG) funds; $1,467,000
    under the HOME Investment Partnerships program; and $132,000 in Emergency Shelter Grant funds
    for homeless assistance.

  • St. Clair County - $3,064,000 in Community Development Block Grant (CDBG) funds; $1,197,000
    under the HOME Investment Partnerships program; and $75,000 in Emergency Shelter Grant funds
    for homeless assistance.

First awarded in 1974, CDBG funds enable state and local governments to target their own economic development priorities. Although the rehabilitation of affordable housing has traditionally been the largest single use of the
grants, the program is also an increasingly important catalyst for economic development activities that expand job and business opportunities for lower income families and neighborhoods.

HOME is the largest federal block grant to state and local governments designed exclusively to create affordable housing for low-income households. Since 1992, more than a half million 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.

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Content Archived: March 15, 2011