Formula Grant B24MC480500

Award Date 10/1/24
Completion Date 9/1/31
Dollars Obligated $7.2M
Federal Grant Program
14.218
Assistance Type
Formula Grant
Place of Performance
Austin, TX 78702, USA

The U.S. Department of Housing and Urban Development (HUD) awarded the City of Austin Housing and Planning Division, doing business as Neighborhood Housing & Community Development, a $7,223,591 Community Development Block Grant (CDBG) Entitlement Grant on October 1, 2024. This formula grant provides funding for the City of Austin to carry out a wide range of community development activities over a period ending September 1, 2031. The CDBG program aims to develop viable urban communities by funding efforts that provide decent housing, create suitable living environments, and expand economic opportunities, with a focus on benefiting low- and moderate-income individuals. Eligible activities include real property acquisition, rehabilitation of residential and non-residential structures, public facilities and infrastructure construction, public services, and economic development assistance. The City of Austin leverages these grant funds to partner with local non-profit organizations and city departments to deliver services such as affordable housing, homelessness assistance, childcare, mental health care, and public facility improvements to benefit underserved residents.

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