| Washington, D.C.-Congressman Dale E. Kildee (D-MI) announced today that Genesee County would receive $3,321,678 in federal assistance to stimulate local economies, promote affordable housing and help the homeless. The U.S. Department of Housing and Urban Development awarded these grants to Genesee County to improve and rehabilitate the community.
“We will help build a safe community and create job opportunities by providing affordable housing to low-income families,” said Kildee. “By investing in families and neighborhoods, we will ultimately help revitalize and rejuvenate our community and economy.”
Genesee will receive three separate grants, including:
$2,312,000 Community Development Block Grant (CDBG). The funds enable local government to target its own economic development priorities. While rehabilitation of affordable housing has traditionally be the largest single use of the grants, increasingly they have become an important catalyst for economic development activities that expand job and business opportunities for lower income families and neighborhoods.
$914,678 Home Investment Partnerships Program Grant (HOME). A federal block grant program for state and local governments designed exclusively to create affordable housing for low-income families through direct rental assistance or assistance with the purchase of their first home.
$95,000 Emergency Shelter Grant (ESG), part of HUD’s award-winning Continuum of Care Initiative. The ESG grants help communities meet the basic shelter needs of homeless individuals and families, and provide transitional housing and a variety of support services designed to move the homeless away from life on the street to permanent housing. |