WASHINGTON, D.C. - Senator Tom Harkin (D-IA) announced today that a total of $9,225,998 has been awarded to Cedar Rapids, Davenport, Iowa City, Sioux City and Waterloo under the Department of Housing and Urban Development's (HUD) Community Development Block Grant (CDBG), HOME Investment Partnership (HOME), Emergency Shelter Grant (ESG) programs. Harkin is a senior member of the Senate Appropriations Committee, which funds housing initiatives.
"In these tough economic times, these funds go directly where Iowa families with modest incomes need it the most: to obtain quality housing and pursue economic opportunities," said Harkin. "It gives me great pleasure to announce this funding and applaud these cities for receiving these necessary and vital grants."
CDBG funds develop viable communities by providing housing and a suitable living environment and by expanding economic opportunities, principally for persons of low and moderate income.
HOME funds provide formula grants to fund a wide range of activities that build, buy and rehabilitate affordable housing for rent or homeownership or provide direct assistance to low-income people.
The ESG program provides homeless persons with basic shelter and essential supportive services.
Details of the annual formula grants are below.
Davenport
CDBG- $1,883,503.00
HOME- $713,195
"In these tough economic times, these funds go directly where Iowa families with modest incomes need it the most: to obtain quality housing and pursue economic opportunities," said Harkin. "It gives me great pleasure to announce this funding and applaud these cities for receiving these necessary and vital grants."
CDBG funds develop viable communities by providing housing and a suitable living environment and by expanding economic opportunities, principally for persons of low and moderate income.
HOME funds provide formula grants to fund a wide range of activities that build, buy and rehabilitate affordable housing for rent or homeownership or provide direct assistance to low-income people.
The ESG program provides homeless persons with basic shelter and essential supportive services.
Details of the annual formula grants are below.
Davenport
CDBG- $1,883,503.00
HOME- $713,195
