Governor Bob McDonnell today announced more than $6.2 million in Community Development Block Grant (CDBG) funding for nine projects in Virginia.
"The Community Development Block Grant program is a long-standing, competitive program that improves the lives of Virginians," said Governor McDonnell. "These grants truly help improve communities across the Commonwealth, whether it is through revitalization to a business district, improved water systems, housing rehabilitation or providing healthcare."
Since 1982, the federally-funded CDBG program has been administered by the Virginia Department of Housing and Community Development (DHCD), and Virginia receives up to $16 million annually for this "small cities" grant program. CDBG grants are awarded through a competitive process. Most projects benefit low- and moderate-income persons, and many projects are targeted for the prevention or elimination of slums and blighting conditions.
Two projects are noted as multi-year funding projects. Multi-year projects are those that will receive a contract allocating a portion of the funds this year and, after achieving specific performance targets, will then be eligible for additional funding.
"With a number of significant proposals submitted this year, it was a very competitive cycle for the CDBG program," said DHCD Director Bill Shelton. "Our resources are utilized to maximize assistance to our citizens and communities throughout Virginia."
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