The U.S. Department of Housing and Urban Development (HUD) announced this week that $294.7 million is headed to the Sunshine State.
The funds are part of $5.6 billion going to 1,200 communities through 2,400 grants across the nation.
“These annual formula grants provide critical funding for a wide range of activities, including affordable housing, community development, and homeless assistance,” HUD noted.
“Viable communities must promote integrated approaches to develop decent housing, suitable living environments, and expand economic opportunities to the most vulnerable,” said U.S. HUD Sec. Marcia Fudge on Monday. “These funds allow communities to address their unique needs by prioritizing what matters most to their residents and letting them own their investments in community development through these important federal resources.”
“This funding allows communities to address their most pressing local needs, providing flexible resources to build homes, support renters and homeowners, provide life-saving assistance to people experiencing homelessness, and improve public facilities, community resilience, and local economies,” said HUD’s Principal Deputy Assistant Secretary for Community Planning and Development Marion McFadden. “HUD’s annual formula block grants allow states and localities to invest in the success of neighborhoods and allow people of modest means to thrive.”
The funds coming from the Office of Community Planning and Development‘s (CPD) formula programs, including Community Development Block Grants (CDBG); CDBG Recovery Housing Program (RHP); HOME Investment Partnerships (HOME); Emergency Solutions Grants (ESG); and Housing Opportunities for Persons With AIDS (HOPWA).
Projects in Florida will be getting $153,536,526 in CDBG funds; $77,300,378 through HOME; $1,140,440 from CDBG RHP; $13,371,446 in ESG funds, and $49,348,464 from HOPWA.
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