HUD ANNOUNCES $32 MILLION FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING IN NEW MEXICO
State of New Mexico, Albuquerque Receive Grants

ALBUQUERQUE - U.S. Housing and Urban Development Secretary Shaun Donovan today announced that the State
of New Mexico and Albuquerque will receive a total of $32,436,512 to support community development and produce more affordable housing. HUD's annual funding will also help provide permanent housing for individuals living with HIV/AIDS and help fund homes for individuals and families living on the streets. A list of the cities, types of grants received and amounts follows.

"This funding provides the building blocks needed to improve communities," said Donovan. "Now, more than ever,
these grants promote neighborhood development, produce affordable housing, and help extremely low-income
persons find their place in their communities."

The funding announced today includes:

• $ 20,287,101 in Community Development Block Grant (CDBG) funds;
• $ 10,634,316 in HOME Investment Partnerships (HOME) funding;
• $      921,781 in Emergency Shelter Grants (ESG) funds; and
• $      593,314 in Housing Opportunities for Persons with AIDS (HOPWA) funds.
  $32,436,512 TOTAL

Since 1974, HUD's Community Development Block Grant (CDBG) Program has provided approximately $132 billion to state and local governments to target their own 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, more than 600 communities have completed nearly 950,000 affordable housing units, including 403,000 for new homebuyers. In addition,
224,000 tenants have received direct rental assistance.

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 grants include:

###

HUD is the nation's housing agency committed to sustaining homeownership; 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 ad 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.