HUD Archives: News Releases
HUD No. 02-082
(202) 708-0685
|
For
Release
Monday
July 22, 2002 |
SECRETARY MARTINEZ ANNOUNCES MORE THAN $1.6 MILLION IN COMMUNITY
DEVELOPMENT FUNDS FOR THREE CITIES IN NEW HAMPSHIRE
WASHINGTON - This morning at a stop in Portsmouth with Congressman Sununu,
U.S. Housing and Urban Development Secretary Mel Martinez announced that Dover,
Portsmouth and Rochester, will receive more than $1.6 million in federal assistance
to stimulate local economies, promote affordable housing and help homeless families
and individuals.
"The Community Development Block Grant Program is one of the most successful
ways the federal government provides funding for economic development and housing
programs to communities across the nation," Martinez said. "For nearly
30 years, CDBG funds have built and rehabilitated homes, fueled business development
to create jobs, and improved the overall health of our nation's communities.
Instead of trying to impose a one-size-fits-all program on every locality, CDBG
funds programs designed by each individual community to best meet unique local
needs."
"Through the CDBG funding, the Bush Administration has made a commitment
to support important housing and economic development priorities in Portsmouth,
Rochester and Dover. I thank Secretary Martinez for his strong leadership on
housing issues of importance to New Hampshire and the nation," said Congressman
Sununu. "The funding and initiatives highlighted today represent a continued
commitment on the part of HUD to valuable programs that will help local stimulate
the economy, promote affordable housing, and help the homeless."
The funding announced today includes:
- Dover will receive $442,000 in Community Development Block Grant funds.
- Portsmouth will receive $829,000 in Community Development Block Grant funds.
- Rochester will receive $373,000 in Community Development Block Grant funds.
First awarded in 1974, Community Development Block Grant (CDBG) funds enable
state and local governments to target their own economic development priorities.
Although the rehabilitation of affordable housing has traditionally been the
largest single use of the grants, the program is also an increasingly important
catalyst for economic development activities that expand job and business opportunities
for lower income families and neighborhoods.
HUD's block grant programs are distributed by formula around the country based
on criteria including population, income levels, poverty rates and age of housing
stock.
While in Portsmouth, he toured 1895 Hospital Carriage, a proposed site for
elderly housing units. The final stop of the day was a tour of Davidson Landing,
a complex comprised of 82 elderly housing units in Nashua.
In the past HUD has funded the Davidson Landing complex in Nashua through Section
202 Supportive Housing for the Elderly funds to non-profit groups in the form
of capital advances and project rental assistance. To be eligible for the assistance
under this program a household must be classified as "very low income,"
which means an income 50 percent or less of the area median. Martinez has requested
level funding of $783 million dollars for the Section 202 program in the FY2003
HUD budget to maintain the level of support to develop facilities like Davidson
Landing.
Secretary Martinez also appeared at an event in Manchester, where he and Congressman
Sununu, joined representatives of Fannie Mae as they presented Manchester Neighborhood
Housing Services, an agency that helps low income people through the home-buying
process, with a check for $10,000 toward the purchase of computers to enable
the agency to extend its homeownership counseling program. Martinez toured the
agency and recognized Domingo and Magaly Vega and Beth Jennison, new homeowners
thanks to the assistance received from MNHS.
HUD is the nation's housing agency committed to increasing homeownership, particularly
among minorities, creating affordable housing opportunities for low-income Americans,
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.
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Note to editors: Communities that choose to receive their block
grants at other times of the year are not included in today's announcement.
Content Archived: April 9, 2010