HUD Issues Guidance for CDBG-DR Allocation
NJ Receiving $1.463 Billion
Last week, the U.S. Dept. of Housing and Urban Development (HUD) released guidance for the most recent allocation of CDBG-DR funds to Sandy impacted areas.
The Housing and Community Development Network and Fair Share Housing Center, among others, will submit this letter asking for clarification about the existing programs to DCA Commissioner Richard Constable as part of the public comment process.
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This allocation provides a total of $5.1 billion to assist Hurricane Sandy recovery as well as recovery from Hurricane Irene and Tropical Storm Lee. This notice establishes requirements governing the use of these funds. The full notice can be found here. New Jersey has been allocated $1.463 billion.
This allocation provides additional funds to support investments in mitigation and resilience and directs grantees to undertake comprehensive planning to promote regional resilience as part of the recovery effort. CDBG-DR funds can be combined with other federal match funds approved for an eligible CDBG-DR activity.
Click here for a summary of the notice.
Click here for the full notice.