In the Obama Administration’s continued effort to stimulate community development and job growth, U.S. Housing and Urban Development Secretary Shaun Donovan has announced nearly 700 grants totaling $360 million in funding through the American Recovery and Reinvestment Act of 2009 (Recovery Act). The grants awarded represent over half of the Recovery Act-funded grants available through the Community Development Block Grant (CDBG) Program, which primarily benefit low- to moderate-income families.Read more
More state and national mortgage news and mortgage press releases:
- HUD announces $100 million in Recovery Act grants for public housing U.S. Department of Housing and Urban Development (HUD) Secretary Shaun...
- HUD awards over $1 billion in Recovery Act funds to jump-start affordable housing construction sites in 26 states U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan has...
- HUD aims to stamp out homelessness in the U.S. U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan has...
- HUD makes $113 available for public housing transformation and community revitalization U.S. Department of Housing and Urban Development (HUD) Secretary Shaun...
- Agencies announce Notice of Proposed Rulemaking for Community Reinvestment Act The federal bank and thrift regulatory agencies today proposed...
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