Category: Federal Incentives, Grants & Loans
AGENCY: Department of Housing and Urban Development (HUD)
DESCRIPTION: The CDBG program is a flexible program that provides communities with resources to address a wide range of unique community development needs. Beginning in 1974, the CDBG program is one of the longest continuously run programs at HUD. The CDBG program provides annual grants on a formula basis to 1180 general units of local government and States.
The site links the visitor to possible variations of the CDBG program.?• Entitlement Communities: The CDBG entitlement program allocates annual grants to larger cities
and urban counties to develop viable communities by providing decent housing, a suitable living environment, and opportunities to expand economic opportunities, principally for low- and moderate-income persons.
• Visit http://www.hud.gov/offices/cpd/communitydevelopment/programs/entitlement/ for more information about entitlement communities.
• State Administered CDBG: Also known as the Small Cities CDBG program, States award grants to smaller units of general local government that carry out community development activities. Annually, each State develops funding priorities and criteria for selecting projects.
• Visit http://www.hud.gov/offices/cpd/communitydevelopment/programs/stateadmin/ for more information about the state administered CDBG.
• Section 108 Loan Guarantee Program: CDBG entitlement communities are eligible to apply for assistance through the section 108 loan guarantee program. CDBG non-entitlement communities may also apply provided their State agrees to pledge the CDBG funds necessary to secure the loan. Applicants may receive a loan guarantee directly or designate another public entity, such as an industrial development authority, to carry out their Section 108 assisted project.
• Visit http://www.hud.gov/offices/cpd/communitydevelopment/programs/108/ for more information about section 108 loan guarantees.
• Disaster Recovery Assistance: HUD provides flexible grants to help cities, counties, and states recover from Presidentially declared disasters, especially in low-income areas, subject to availability of supplemental appropriations.
• Visit http://www.hud.gov/offices/cpd/communitydevelopment/programs/dri/ for more information on disaster recovery assistance.
• Colonias: Texas, Arizona, California, and New Mexico set aside up to 10 % of their State CDBG funds for improving living conditions for colonias residents.
• Visit http://www.hud.gov/offices/cpd/communitydevelopment/programs/colonias/cdbgcolonias.cfm for more information on colonias.
• Renewal Communities/ Empowerment Zones/ Enterprise Communities (RC/EZ/EC): This is a program that uses an innovative approach to revitalization, bringing communities together through public and private partnerships to attract the investment necessary for sustainable economic and community development.
o Visit http://www.hud.gov/offices/cpd/economicdevelopment/programs/rc/index.cfm for more information on RC/EZ/EC.
• Visit the homepage at www.hud.gov or call the federal office (202) 708-1112.