Community Development Block Grant Recovery Funds
The American Recovery and Reinvestment Act of 2009 ("Recovery Act") was signed into law on February 17, 2009. The Recovery Act awarded $1 billion in Community Development Block Grant Recovery (CDBG-R) funds to cities, counties, insular areas and states to support three themes:
- Promoting energy efficiency and creating green jobs;
- Unlocking the credit markets and supporting shovel-ready projects;
- Mitigating the effects of the economic crisis and preventing community decline.
HUD's overriding objective in support of these goals is the creation and preservation of jobs.
Miami-Dade County received $4,884,311 in CDBG-R funds (to remain available until/expended by 9/30/2012). CDBG-R funds will be used to promote community development and neighborhood stabilization in low-to-moderate income areas through the following activities:
- Foreclosure Prevention
- Small Business Assistance Loan Program
- Infrastructure Improvements
- CDBG-R Activity Data Spreadsheet (as of July 16, 2009)
If you should have any questions regarding this program, please contact the Planning Section Supervisor at 786-469-2100 or email IngramC@miamidade.gov.
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