HUD ANNOUNCES ADDITIONAL $50 MILLION TO HELP TENNESSEE COMMUNITIES RECOVER FROM 2010 DISASTER
Recovery grants allocated to Memphis, Nashville-Davidson County, Shelby County and State of TN

WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced an additional $50 million in disaster funding to help Tennessee communities recover from last spring's devastating storms and flooding. Provided through HUD's Community Development Block Grant (CDBG) Program, these grants will supplement $24 million awarded by HUD last September to support long-term disaster recovery efforts throughout the Volunteer State.

"When we studied the impact of these storms, the information on damages demonstrated pretty clearly that Tennessee was disproportionately impacted and still has a lot of work ahead of it to get back on its feet," said Donovan. "These funds, along with the last year's investment, will go a long way toward helping these communities rebuild."

Last summer, Congress appropriated a total of $100 million and directed HUD to allocate the funds to various States and local communities to address unmet disaster recovery needs relating to flooding that occurred in the spring of 2010. HUD calculated unmet needs for housing, business, and infrastructure recovery based on data provided by the Federal Emergency Management Agency and the Small Business Administration.

As a result of these calculations, HUD's allocations are:

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HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and  transform the way HUD does business. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.