Housing grants for Cedar Falls, Waterloo - KWWL - Eastern Iowa Breaking News, Weather, Closings

Housing grants for Cedar Falls, Waterloo

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WASHINGTON (KWWL) – $5.1 million dollars in grants is coming to cities in Iowa's First District.
Democratic congressman Bruce Braley announced the funding Tuesday, and says the money will be awarded through the U.S. Department of Housing and Urban Development, and will be used to stimulate local housing markets.


Community Development Block Grants:

Davenport $1,883,503

Waterloo $1,507,033

Cedar Falls $335,659

 

HOME Grants

Davenport $713,195

Waterloo $673,556

 

The Community Development Block Grants (CDBG) program is sponsored by HUD and aims to develop housing and expand economic opportunities specifically for low to moderate-income workers. The HOME grant program helps expand housing available to low and very low-income families by providing grants that meet local needs and priorities.

 

 

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