WebNational Objectives. To be eligible under the current CDBG Program Description, projects must meet one of three national objectives: Benefit to low and moderate income (LMI) … Webmeets the national objective (unless, as above, demolition is the end use). If the acquisition never meets a national objective, the purchase is ineligible. Note that an eligible end use that meets a national objective could be funded with other sources than CDBG.

Guide to National Objectives and Eligible Activities for …

WebCDBG Guide to National Objectives and Eligible Activities Introduction: Purpose This Guide is designed to help state and local officials understand what activities are eligible … WebThe Community Development Block Grant (CDBG) is a Federally funded block grant program created by Congress in 1974, with the overall goal to develop viable urban communities by providing decent housing and a suitable living environment primarily for low-mod income persons. COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) loans realty group reviews

Community Development Block Grant (CDBG) - North Dakota

WebThe purpose of this chapter is to help ensure that grant recipients will: (1) use CDBG funds only for activities that fall under categories of basic eligibility authorized by the HCDA; (2) properly classify the activity; and (3) provide adequate documentation for each activity as required by the selected category. WebAlthough 24 CFR 570.208(d)(5)(ii) allows housing activities for which CDBG funds have been obligated during a program year in the strategy area to be considered a single structure for national objective compliance purposes, the requirement that homeownership assistance activities carried out under 570.201(n) be restricted to low- and moderate ... WebCDBG's flexibility empowers people and communities to design and implement strategies tailored to their own needs and priorities. CDBG's emphasis on consolidated planning … loans really bad credit direct lender