HUD ALLOCATES $65 MILLION TO NEW JERSEY FOR HOUSING AND COMMUNITY DEVELOPMENT
Block Grant allocations include $19 million for the State of New Jersey, $10 million for Bergen County, and $14 million for Newark

NEW JERSEY - The U.S. Department of Housing and Urban Development announced the final Fiscal Year 2017 block grant allocations totaling $65,997,685 under the Community Development Block Grants (CDBG), HOME Investment Partnerships (HOME), National Housing Trust Fund (NST) Housing Opportunities for Persons with AIDS (HOPWA), and the Emergency Shelter Grant Program (ESG). Read more about how HUD's block grant programs will be allocated at the state and local level on HUD's website.

"These formula allocations will provide HUD's partners with flexible resources that are crucial for addressing local housing needs," said Lynne Patton, HUD Regional Administrator for New York and New Jersey. "The allocations for 2017 will help HUD's partners house New York's most vulnerable populations, including homeless families and people living with HIV/AIDs."

The following allocations were announced for New Jersey:

Since its inception, HUD's Community Development Block Grant (CDBG) Program has provided approximately $4.41 billion to the State of New Jersey to target their community development priorities. The rehabilitation of affordable housing and the improvement of public facilities have traditionally been the largest uses of CDBG although the program is also an important catalyst for job growth 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.

HOME (HOME Investment Partnerships Program) is the largest federal block grant to state and local governments designed exclusively to produce affordable housing for low-income families. Since 1992, HOME has produced or renovated 502,952 affordable rental units, assisted 520,806 homebuyers, rehabilitated 244,045 owner-occupied units, and helped 242,768 tenants. In the past twenty-five years, HOME produced more than 1.2 million homes for low income families. HOME funding is cost-effective, leveraging nearly $4 in other investments for each HOME dollar spent.

Emergency Shelter Grants (ESG) provides homeless persons with basic shelter and essential supportive services. It can assist with the operational costs of the shelter facility, and for the administration of the grant. ESG also provides short-term homeless prevention assistance to persons at imminent risk of losing their own housing due to eviction, foreclosure, or utility shutoffs.

HUD's Housing Opportunities for Persons with AIDS (HOPWA) grants are distributed to states and cities based on the number of AIDS cases reported to the Centers for Disease Control and Prevention. The grants provide resources for operating community residences and providing 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. A stable home environment is a critical component for low-income persons managing complex drug therapies and potential side effects from their treatments.

The Housing Trust Fund (HTF) is a new affordable housing production program that will complement existing Federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including homeless families. HTF funds may be used for the production or preservation of affordable housing through the acquisition, new construction, reconstruction, and/or rehabilitation of non-luxury housing with suitable amenities.

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HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. More information about HUD and its programs is available on the Internet
at www.hud.gov and https://espanol.hud.gov.

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