Durbin Announces Over $6.3 Million Investment in Illinois Communities
[WASHINGTON, D.C.] – Assistant Senate Majority Leader Dick Durbin (D-IL) announced today that three Illinois communities will receive $6,372,531 in grant funding through the Department of Housing and Urban Development (HUD)’s Community Development Block Grant Program and HOME program. These grants provide local units of government with funding for community development and the expansion of affordable housing programs.
Under this announcement, the following communities will receive funding:
Community Development Block Grants (CDBG)
The CDBG program provides annual grants to state and local governments to develop viable urban communities by providing decent housing and a suitable living environment and by expanding economic opportunities, primarily for low-income and moderate-income individuals and families. CDBG funding is an important tool used to help local governments tackle serious challenges facing their communities. The following communities will receive CDBG funding:
- East St. Louis: $1,644,086
- Madison County: $2,887,997
- Naperville: $433,383
HOME
The HOME program helps to expand the supply of decent, affordable housing to low-income and very low-income families by providing grants to state and local governments to fund housing programs that meet local needs and priorities. HOME is the largest Federal block grant to State and local governments designed exclusively to create affordable housing for low-income households. Each year the HOME program allocates approximately $2 billion among the States and hundreds of localities nationwide. The following communities will receive HOME program funding:
- East St. Louis: $374,848
- Madison County: $1,032,217