Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why cant the City spend its federal Community Development Block Grant funding (about $600,000 annually) throughout the City?

0
Posted

Why cant the City spend its federal Community Development Block Grant funding (about $600,000 annually) throughout the City?

0

In a very limited way it can, but only if it directly assists a low to moderate income homeowner. Generally, though, the Department of Housing and Urban Development requires CDBG funding to benefit low to moderate income neighborhoods (as defined by the 2000 Census). These funds are particularly targeted toward providing decent housing, maintaining a safe and suitable living environment within neighborhoods, and providing expanded economic opportunities. Besides benefiting low to moderate income residents, the funding can and is used to eliminate slum and blight throughout the community.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123