Durbin, Foster Announce More Than $1.2 Million in HUD Funding For Joliet Housing and Community Development
[WASHINGTON, D.C.] – U.S. Senator Dick Durbin (D-IL) and U.S. Representative Bill Foster (D-IL) today announced that communities and housing agencies in Joliet, Illinois will receive a total of $1,291,600 in grant funding through two programs administered by Department of Housing and Urban Development (HUD) to help develop urban communities in the area.
“This funding will give local development agencies in Joliet the ability to expand and improve existing affordable housing in their communities,” Durbin said. “These federal programs provide invaluable assistance to those who need it the most.”
“The Community Development Block Grant and HOME funding will go a long way to help families in the Joliet area who are trying to make ends meet,” Foster said. “This funding will help to ensure people in our community have a safe place to live.”
Community Development Block Grants
The Community Development Block Grants (CDBG) program provides annual grants to states and local governments to develop viable urban communities by providing decent housing and a suitable living environment and by expanding economic opportunities principally for low and moderate income persons. CDBG funding is an important tool for helping local governments to tackle serious challenges facing their communities. Under this announcement, Joliet, Illinois will receive $907,998 in funding through the CDBG program.
The HOME program helps to expand the supply of decent, affordable housing to low- and very low-income families by providing grants to state and local governments to fund housing programs that meet local needs and priorities. HOME is the largest Federal block grant to state and local governments designed exclusively to create affordable housing for low-income households. Under this announcement, Joliet, Illinois will receive $383,602 in funding through the HOME program.
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