On August 22, 1974, President Gerald R. Ford signed a law creating one of HUD’s hallmark programs – the Community Development Block Grant (CDBG) Program. Title I of the Housing and Community Development Act of 1974 merged seven individual competitive grant programs into a block grant providing local communities the flexibility to decide for themselves how best to meet their own community development needs.
For the next 40 years, thousands of cities, urban counties and rural communities have come to rely upon this critical resource, investing $144 billion to undertake a wide variety of activities from improving public facilities to producing affordable housing. Each year, CDBG funds are distributed to state and local governments according to their population, poverty, and other housing variables.
CDBG’s impact can be measured in every corner of the U.S. and in the lives of millions of Americans, 95% of whom are low- to moderate-income citizens. Last year alone, the program allowed state and local governments to help nearly 28,000 individuals to find permanent employment or to keep the full-time jobs they have. CDBG also supported the rehabilitation of nearly 95,000 homes and financed public improvement projects that benefitted an estimated 3.3 million residents in communities from coast to coast.