Project Grant B24CPNY1584

This $3,000,000 Project Grant was awarded by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Economic Development Initiative, Community Project Funding, and Miscellaneous Grants program (CFDA 14.251). The grant will fund a wide range of economic development and community development activities in Brooklyn, NY to be carried out by the awardee, Fifth Avenue Committee, Inc., a non-profit community development corporation. While the full scope of activities is not yet known, the grant is intended to support initiatives that can include real property acquisition, housing rehabilitation, public facilities improvements, public services, and economic development efforts. The goal is to create jobs, foster business growth, and provide targeted support to the local community through this congressionally-directed funding. The grant has an award date of August 13, 2024 and a planned ultimate completion date of August 31, 2032.