Formula Grant B24MC480021

Award Date 10/1/24
Completion Date 9/1/31
Dollars Obligated $650K
Federal Grant Program
14.218
Assistance Type
Formula Grant
Place of Performance
Temple, TX 76501, USA

The City of Temple was awarded a $650,413 Community Development Block Grant (CDBG) Entitlement Grant from the U.S. Department of Housing and Urban Development (CFDA 14.218) on October 1, 2024. This formula grant program provides annual funding to states, cities, and counties to develop viable urban communities by financing activities that provide decent housing, create suitable living environments, and expand economic opportunities, primarily for low- and moderate-income individuals. While the specific products or services to be delivered under this particular grant are not detailed, the CDBG program allows grantees flexibility to implement a wide range of eligible community development initiatives based on their local needs and priorities. These can include real property acquisition, housing rehabilitation, public facility construction, public services, and economic development assistance. The grant award has an ultimate completion date of September 1, 2031, indicating a multi-year performance period for the city to carry out its proposed CDBG-funded activities.

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