Millions in HUD Cash Coming to NJ
Towns and counties in the Garden State will share a piece of a $10.9 million pie being delivered by the U.S. Department of Housing and Urban Development (HUD). The federal funding is to be used for affordable housing availability and economic development programs.
“These critical HUD dollars help revitalize communities and help provide families with greater access to affordable housing,” said U.S. Sen. Bob Menendez. “I will continue fighting to secure these resources for the benefit of everyone in New Jersey so we can help families and communities move forward together.”
The money comes in the form of grants including the Community Development Block Grant (CDBG) program. Other funding comes from HUD’s HOME Investment Partnership, the Housing Opportunities for Persons With AIDS (HOPWA) program, and the Emergency Shelter Grants (ESG) program.
“These grants are critical to helping house the homeless, revitalize our neighborhoods, and ensure families have a roof over their heads,” said Rep. Donald Payne, Jr. “When too many families across New Jersey are still recovering from the worst recession since the Great Depression, HUD grants are desperately needed, and they work.”
A total of $10,868,569 will be distributed.