Longview Gets HUD Funding
Posted/updated on: September 21, 2010 at 5:26 pm
FORT WORTH – Longview is joining six other Texas communities in splitting nearly $10.6 million to support community development and produce more affordable housing. U.S. Housing and Urban Development Secretary Shaun Donovan made the announcement Monday. With $829,153 in Community Development Block Grant Funding and $411,693 in HOME funding, Longview gets a total of $1,240,846. Other recipients include the cities of Allen, Denison, Midland, and Plano; and the Counties of Dallas and Montgomery.
“This funding provides the building blocks needed to improve communities,” said Donovan. “Now, more than ever, these grants promote neighborhood development, produce affordable housing, and help extremely low-income persons find their place in their communities.” Since 1974, HUD’s Community Development Block Grant (CDBG) Program has provided approximately $132 billion to state and local governments to target their own community development priorities. HOME (HOME Investment Partnerships Program) is the largest federal block grant to state and local governments designed exclusively to produce affordable housing for low-income families.