U.S. Dept. of Housing and Urban Development grants $10 million in assistance for housing and community development programs in four Michigan communities.
"More than $7 million in Community Development Block Grants (CDBG) will assist communities to stimulate economic development, rehabilitate housing, improve infrastructure, provide job training, finance revolving loan funds and finance other locally determined projects.Nearly $2 million of the funding in HOME grants will construct and rehabilitate affordable housing, assist low-income residents to purchase, build and renovate homes and will assist tenants in paying their rent."
Thanks to Abhijeet Chavan
FULL STORY: HUD No. 01-048
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