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Community Development Block Grant: Difference between revisions
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{{Short description|U.S. federal aid program}} | {{Short description|U.S. federal aid program}} | ||
{{ | {{Program | ||
|ProgramName=Community Development Block Grant | |||
|ProgramType=Program | |||
|OrgSponsor=Office of Community Planning and Development | |||
|TopOrganization=Department of Housing and Urban Development | |||
|CreationLegislation=Housing and Community Development Act of 1974 | |||
|Purpose=The Community Development Block Grant provides flexible funding to states and local governments for community development. It aims to improve housing, infrastructure, and economic opportunities for low- and moderate-income communities. | |||
|Website=https://www.hud.gov/program_offices/comm_planning/cdbg | |||
|ProgramStart=1975 | |||
|InitialFunding=$2.6 billion | |||
|Duration=Ongoing | |||
|Historic=false | |||
}} | |||
The '''Community Development Block Grant''' ('''CDBG'''), one of the longest-running programs of the [[U.S. Department of Housing and Urban Development]], funds local [[community development]] activities with the stated goal of providing [[affordable housing]], [[poverty reduction|anti-poverty program]]s, and infrastructure development. CDBG, like other [[block grant]] programs, differs from [[categorical grant]]s, made for specific purposes, in that they are subject to less federal oversight and are largely used at the discretion of the state and local governments and their subgrantees. | The '''Community Development Block Grant''' ('''CDBG'''), one of the longest-running programs of the [[U.S. Department of Housing and Urban Development]], funds local [[community development]] activities with the stated goal of providing [[affordable housing]], [[poverty reduction|anti-poverty program]]s, and infrastructure development. CDBG, like other [[block grant]] programs, differs from [[categorical grant]]s, made for specific purposes, in that they are subject to less federal oversight and are largely used at the discretion of the state and local governments and their subgrantees. | ||