Release No. 05
Joel Manske
ND Field Office Director
(701) 293-2828
www.hud.gov/news/index.cfm |
For Release
Wednesday
March 19, 2008 |
HUD ANNOUNCES $412,486 IN COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR THE CITY OF GRAND FORKS
FARGO � U.S. Housing and Urban Development Secretary Alphonso Jackson today announced the City of Grand Forks will receive $412,486 to support community development. "This funding will help Grand Forks community to improve their infrastructure."
Since 1974, HUD's Community Development Block Grant (CDBG) Program has provided more than $120 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.
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HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities; 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.
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