HUD allocates $1 billion in Recovery Act Funding to support state and local community development
HUD allocates $1 billion in Recovery Act Funding to support state and local community development
WASHINGTON – In an effort to stimulate community development and job growth, U.S. Housing and Urban Development Secretary Shaun Donovan today allocated $1 billion in funding to nearly 1,200 state and local governments through the American Recovery and Reinvestment Act of 2009(Recovery Act). These grants will be provided through HUD’s long-standing Community Development Block Grant (CDBG) Program and will primarily benefit low- to moderate-income persons living in these communities.
Source: http://www.hud.gov/news/release.cfm?content=pr09-049.cfm
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
Posted in FHA - HUD Updates