Formula Grant B24MC370012

Award Date 7/1/24
Completion Date 9/1/31
Dollars Obligated $528K
Federal Grant Program
14.218
Assistance Type
Formula Grant
Place of Performance
Concord, NC 28025, USA
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The City of Concord, North Carolina received a $528,369 Community Development Block Grant (CDBG) Entitlement Grant from the U.S. Department of Housing and Urban Development (CFDA 14.218). This formula grant funding is intended to support the development of viable urban communities by providing decent housing, suitable living environments, and expanding economic opportunities, with a focus on benefiting low- and moderate-income individuals.

The grant award provides Concord the flexibility to undertake a range of eligible CDBG activities, which may include 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. As the grant administrator, the City of Concord will determine the specific projects and initiatives to be funded based on local needs and priorities. The grant performance period extends from July 1, 2024 through September 1, 2031.

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