PRESS RELEASE
Fall River and New Bedford to Receive Over $4 Million Each for Critical Housing Programs
Senators John Kerry and Edward Kennedy, together with Congressmen Jim McGovern and Barney Frank today announced that Fall River will receive a total of $4,396,672 and New Bedford will receive $4,486,663 from the U.S. Department of Housing and Urban Development for critical housing programs in the city.
The federal funding comes as part of three national grant programs, the Community Development Block Grants (CDBG) program, the Emergency Shelter Grants (ESG) program, and the HOME program.
"I am especially pleased that we are seeing these federal funds go to Fall River and New Bedford, which have suffered tough economic times through no fault of their own. It’s especially important that they get this money at this time," said Congressman Frank.
The CDBG program is a critical part of the Federal government’s efforts to help more cities, urban areas, and states meet the needs of low- and moderate-income communities. The CDBG program provides funding for homeownership assistance, housing rehabilitation, public improvements, public services, and economic development projects.
The ESG program provides annual grants to state, local and private entities to improve the quality and number of homeless shelters.
The HOME program helps to expand the supply of decent, affordable housing to low- and very low-income families by providing grants to communities to fund housing programs that meet local needs and priorities.
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