More than $47 million in housing and economic dev. for Iowa - KWWL - Eastern Iowa Breaking News, Weather, Closings

More than $47 million in housing and economic dev. for Iowa

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WASHINGTON, D.C. - Senator Tom Harkin (D-IA) announced today that over $47,019,240 million has been awarded to Davenport, Dubuque, Iowa City, and Waterloo under the Department of Housing and Urban Development's (HUD) Community Development Block Grant (CDBG) and HOME Investment Partnerships programs. Harkin is a senior member of the Senate Appropriations Committee.

"These funds will help Iowa families with modest incomes obtain quality housing and pursue economic opportunities," Harkin said. "I have always believed that economic opportunity and quality, affordable housing are two of the cornerstones of the American dream. I hope that these funds will help to make that dream a reality for families in Iowa."

HOME funds provide formula grants to fund a wide range of activities that build, buy and rehabilitate affordable housing for rent or homeownership or provide direct assistance to low-income people.

CDBG funds develop viable communities by providing housing and a suitable living environment and by expanding economic opportunities, principally for persons of low and moderate income.

The HOPWA program provides housing assistance and related supportive services to local units of government, States and non-profit organizations for projects that benefit low-income persons medically diagnosed with HIV/AIDS and their families.

The Emergency Shelter Grants (ESG) program provides annual grants to state, local and private entities to improve the quality and number of emergency homeless shelters.

The individual grant amounts are as follows:

Council Bluffs:

CDBG - $ 1,077,608
TOTAL - $ 1,077,608

Des Moines:


CDBG - $ 4,273,411
ESG - $ 189,094
HOME - $ 1,086,850
TOTAL - $ 5,549,355

Dubuque:

CDBG - $ 1,236,260
TOTAL - $ 1,236,260

State of Iowa:

CDBG - $ 26,240,724
ESG - $ 1,521,097
HOME - $ 11,026,837
HOPWA - $ 367,359
TOTAL - $ 39,156,017

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