Formula Grant B24MC120032

Award Date 10/1/24
Completion Date 9/1/31
Dollars Obligated $777K
Federal Grant Program
14.218
Assistance Type
Formula Grant
Place of Performance
Palm Bay, FL 32907, USA

The City of Palm Bay, Florida has been awarded a $776,641 Community Development Block Grant (CDBG) Entitlement Grant from the U.S. Department of Housing and Urban Development (HUD) with a performance period from October 1, 2024 to September 1, 2031.

This Formula Grant will support the city's community development initiatives to provide decent housing, create suitable living environments, and expand economic opportunities, primarily benefiting low- and moderate-income residents. Eligible activities may include real property acquisition, residential and non-residential rehabilitation, public facilities and infrastructure construction, public services provision, and economic development assistance. The grant is part of HUD's CDBG Entitlement Grants program (CFDA 14.218), which provides annual formula funding to states, cities, and counties for flexible community development projects.

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