Why does the Riverfront qualify for Community Development Block Grant (CDBG) funding when there are other recovery projects that might seemingly serve more immediate needs?
Public safety and assisting citizens in securing affordable, durable housing are the City’s most important recovery objectives. To this end, several billion dollars in federal disaster-recovery funds are being utilized by the U.S. Army Corps of Engineers to repair and enhance levee fortifications and canal walls throughout the City. With regards to providing safe, affordable housing, the City of New Orleans is dedicating over $35 million in D-CDBG (Disaster Community Development Block Grant) funds to support homeownership incentive programs. In addition, the City of New Orleans is dedicating approximately $20 million in D- CDBG and other federal grants towards blight elimination and redevelopment programs. Overall, $411 million in D-CDBG were dedicated to the City of New Orleans for “long- term recovery” purposes. The intent of these funds was to complement FEMA “public assistance” funds, which are to be used for repairs to storm-damaged public infrastructure, federal hazard mitigation
Related Questions
- Is the funding level for full scale development projects $1 –$ 3 million dollars for the full five years or for each year?
- What type of programs and projects are eligible for Community Development Block Grant (CDBG) funds?
- What funding is available for Housing and Community Development Block Grants (CDBG)?
