Community Development Block Grants

A new report released Wednesday, to coincide with a U.S. Conference of Mayors gathering in Washington D.C., finds that only 26 of the nation’s 363 metropolitan areas had recovered the jobs lost during the recession by the end of last year.

Cities should be mad about the federal government's cutting of discretionary spending and not reducing defense spending, according to this column from Neal Peirce.

Mayors across the country are facing the possible loss of federal Community Development Block Grants, which could pull many local projects aimed at helping low-income residents to a halt.

The American Recovery and Reinvestment Act has set aside $980 million for Community Development Block Grants, which will be split among 1,200 governments.