05/07/2024 | Press release | Distributed by Public on 05/07/2024 13:08
WASHINGTON - Congressman Steve Cohen (TN-9) today announced that Memphis will receive $13,592,584 and Shelby County will receive $1,594,934 in U.S. Department of Housing and Urban Development (HUD) Planning and Development Formula Funding for the current fiscal year.
Memphis and Shelby County will together receive $7,313,757 from the Community Development Block Grant (CDBG) program and $3,714,745 from the HOME Investment Partnerships program. Memphis will additionally receive $565,814 from the Emergency Solutions Grants (ESG) program and $3,593,202 from the Housing Opportunities for People with AIDS (HOPWA) program.
Congressman Cohen made the following statement:
"This substantial HUD investment in our community will keep people comfortably housed while bolstering the local economy and addressing critical housing needs. I am pleased to see HUD's coordinated, whole-of-community approach to achieving a healthy environment and expanding economic opportunity."
# # #