Formula Grant B24MC340111

Award Date 9/1/24
Completion Date 9/1/31
Dollars Obligated $6.9M
Federal Grant Program
14.218
Assistance Type
Formula Grant
Place of Performance
Newark, NJ 07102, USA
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This $4,000,000.00 Project Grant award, made on August 23, 2024 by the U.S. Department of Housing and Urban Development (HUD) Assistant Secretary for Community Planning and Development, is for the Community Development Block Grant - PRO (Pathways to Removing Obstacles) Housing Competition program (CFDA 14.023). The purpose of this grant is to empower the City of Newark, New Jersey to identify and remove barriers to affordable housing production and preservation within its jurisdiction....
The Department of Housing and Urban Development (HUD) awarded the City of Newark, New Jersey a $2,794,733.46 formula grant under the Home Investment Partnerships Program (CFDA 14.239) on November 20, 2024. This program provides need-based funding to state and local governments to expand the supply of affordable housing, particularly rental housing, for low- and very low-income Americans. The City of Newark will use the HOME grant funds to finance a range of affordable housing activities,...
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The City of Newark, New Jersey has been awarded a $6,903,166 Community Development Block Grant (CDBG) Entitlement Grant by the U.S. Department of Housing and Urban Development (CFDA 14.218). This formula grant, effective September 1, 2024 through September 1, 2031, will support the city's efforts to develop viable urban communities by providing decent housing, a suitable living environment, and expanding economic opportunities, primarily for low- and moderate-income individuals.

The grant funding will enable the City of Newark to undertake a range of eligible activities, which may include the 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. The city collaborates with various sub-recipients, such as state agencies and local nonprofits, to implement these comprehensive community development initiatives across Newark.

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