Atlanta, GA (9/9/2016) – (RealEstateRama) — Governor Nathan Deal has announced that 74 Georgia communities will receive a total of $37.7 million in assistance to grow their local economies. The U.S. Department of Housing and Urban Development (HUD) awarded the funding to Georgia’s Community Development Block Grant (CDBG) program, which is administered by the Department of Community Affairs (DCA).
Sixty-eight Georgia communities will receive $33.3 million in State CDBG funds for infrastructure improvements, neighborhood revitalization and centers that will serve Georgia’s neediest citizens. In addition, $4.3 million in CDBG Employment Incentive Program (EIP) and Redevelopment Fund (RDF) funding was recently awarded to 11 Georgia communities. The funding is targeted to invest in redevelopment and economic development projects that are creating 511 jobs across the state and will provide leverage for $86.7 million in private investment.
For the Governor’s press release, please see the link below.
For information related to the DCA Fall Conference/CDBG Recipients’ workshop to be held October 6 – 7 at the Hyatt Regency Savannah, please go to DCA’s CDBG website or contact Lisa Smith at (404) 679-5276 or .
The Governor’s press release
2016 award list
About the Georgia Department of Community Affairs:
The Georgia Department of Community Affairs (DCA) partners with communities to create a climate of success for Georgia’s families and businesses through community and economic development, local government assistance, and safe and affordable housing. Using state and federal resources, DCA helps communities spur private job creation, implement planning, develop downtowns, generate affordable housing solutions, and promote volunteerism. DCA also helps qualified low- and moderate- income Georgians buy homes, rent housing, and prevent foreclosure and homelessness. For more information, visit www.dca.ga.gov
Steed Robinson, Director of Community Development
Department of Community Affairs
Office phone # (404) 679-3168