HUD No. 08-06 Alan Gelfand (973) 776-7205 |
For Release Thursday March 20, 2008 |
HUD ANNOUNCES NEARLY $300,000 FOR AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT IN MIDDLETOWN
NEWARK - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced Middletown Township will receive $285,054 to support community development and produce more affordable housing.
"This funding will help Middletown to rebuild its neighborhoods and affordable housing stock," said Jackson. "By
helping communities to improve their infrastructure or assisting families to purchase their first home, HUD is helping improve neighborhoods from the ground up."
and business opportunities. Annual CDBG funds are distributed to communities according to a statutory formula
based on a community's population, poverty, and age of its housing stock, and extent of overcrowded housing.
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 at www.hud.gov and espanol.hud.gov.
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