 TITLE XII OF THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009Community Development Block Grant Program Funding (CDBG-R)
Federal Agency: U.S. Department of Housing and Urban Development Program Description: The Community Development Block Grant (CDBG) program enables local governments to undertake a wide range of activities intended to create suitable living environments, provide decent affordable housing and create economic opportunities, primarily for persons of low and moderate income. Under the Recovery Act, recipients shall give priority to projects that can award contracts based on bids within 120 days of the grant agreement. The Recovery Act of 2009 directs that CDBG-R grantees are to use these funds for projects that maximize job creation and economic benefit. Funds available to the City of Fort Collins: $271,137 Date funds are available: August 24, 2009 Date of City Council approval of funding allocations: June 2, 2009 Projects approved: Fort Collins Housing Corporation Village on Stanford: substantial rehabilitation of 82 units of permanently affordable housing: $230,466 Homelessness Prevention Initiative: emergency rent assistance for households affected by the economic crisis: $40,671 City Department: Advance Planning Community Partnership Grants Program. Contact: Julie Smith 970-221-6595 |
