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What is the Community Development Block Grant (CDBG) and what is its purpose?

April 26, 2017block cdbg Development purpose

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What is the Community Development Block Grant (CDBG) and what is its purpose?

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CDBG is a federal program that provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing, a suitable living environment and by expanded economic opportunities, principally for persons of low and moderate income.