Formula Grant B24MC120025

Award Date 10/1/24
Completion Date 9/1/31
Dollars Obligated $377K
Federal Grant Program
14.218
Assistance Type
Formula Grant
Place of Performance
Panama City Beach, FL 32401, USA

The Department of Housing and Urban Development (HUD) awarded the Community Development Block Grants/Entitlement Grants (CFDA 14.218) Formula Grant of $376,717.00 to Panama City City Hall in Panama City Beach, FL on October 1, 2024. This grant supports the city's initiatives to develop viable communities by funding activities that provide decent housing, create suitable living environments, and expand economic opportunities, primarily for low- and moderate-income individuals. Through this award, Panama City City Hall will utilize the funding for acquisition of real property, rehabilitation of residential and non-residential structures, construction of public facilities and infrastructure, provision of public services, and economic development assistance over the performance period of October 1, 2024 to September 1, 2031. The city has also received additional federal grants, including a $1M urban forestry grant and disaster recovery funding, to further community development efforts.

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