HUD Archives: News Releases


HUDNo.4.2010-10-04
Laura J. Feldman
(312) 913-8332
For Release
Monday
October 4, 2010

HUD ANNOUNCES $3.2 MILLION IN COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING IN OHIO

CLEVELAND - U.S. Housing and Urban Development Secretary Shaun Donovan today announced that two Ohio locations will receive a total of nearly $3.2 million to support community development and produce more affordable housing. HUDs annual funding will also help find homes for individuals and families living on the streets.

"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:

Community

Grant type

Grant

MENTOR

CDBG

$191,255

MONTGOMERY COUNTY

CDBG

$1,978,356

ESG

$80,774

HOME

$1,121,085

TOTAL

$3,180,215


Since 1974, HUDs 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 communitys 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.

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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 and 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.

 
Content Archived: March 20, 2012