05/06/2024 | Press release | Distributed by Public on 05/06/2024 16:09
The City of Madison enjoys the benefits we receive from funding provided by the U.S. Department of Housing and Urban Development (HUD), from the Community Development Block Grant (CDBG) to HOME and Emergency Solutions (ESG) programs.
In 2023, the City used approximately $10 million in federal funding to support initiatives centered around affordable housing, neighborhood centers, support for new small businesses, job creation, and efforts undertaken by a local service network to reduce homelessness in our community. These federal funds are often paired with City and State funds to maximize their impact. Here's a snapshot of what we accomplished with these funds in 2023:
This gives a glimpse of how we have used these resources in recent years, but now it is time for us to look forward to the next 5 years. We must create a 5-year road map, what we call a Consolidated Plan, that describes how we will use these funds from 2025-29.
Do you think the uses described above should continue, or do you have different ideas? We want to know what you think.
There are a number of ways you can share your thoughts and priorities with us as well as keep up to date on the Consolidated Plan process:
We want to hear from many voices in Madison, including families and community partners such as non-profit groups, housing developers, and business owners. Please take the survey and spread the word!