Formula Grant B24MC120031

Award Date 10/1/24
Completion Date 9/1/31
Dollars Obligated $529K
Federal Grant Program
14.218
Assistance Type
Formula Grant
Place of Performance
Fort Pierce, FL 34950, USA
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The Department of Housing and Urban Development's (HUD) Community Development Block Grant (CDBG) Entitlement Grants program awarded a $529,209 formula grant to the City of Fort Pierce, Florida. The CDBG program (CFDA 14.218) provides annual grants to states, cities, and counties to develop viable urban communities by addressing housing, living environments, and economic opportunities, primarily for low- and moderate-income individuals.

The City of Fort Pierce will use this CDBG grant funding over a period of approximately 7 years (10/1/2024 - 9/1/2031) to carry out a range of eligible community development activities, such as real property acquisition, public facility construction, housing rehabilitation, and economic development assistance. While the specific sub-award activities are unknown at this time, the funding is expected to benefit the city's low- and moderate-income population of approximately 47,927 residents through comprehensive community enhancement initiatives.

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