The U.S. Department of Housing and Urban Development announced South Carolina will receive more than $5 million to support community development and produce more affordable housing in the cities of Aiken, Anderson, and Greenville, as well as Greenville County. HUD’s annual funding will help find homes for individuals and families living on the streets and provide permanent housing for individuals living with HIV/AIDS.
The Fiscal Year 2011 Continuing Resolution significantly reduced overall funding for the programs by more than $600 million, or approximately 11.7 percent.
Region IV Regional Administrator Ed Jennings, Jr. says this year’s block grant funding required tough choices that would not have been necessary in better circumstances. Jennings says in working under the challenges of our nation’s deficit, “we must also understand that these programs are absolutely essential in promoting community development, producing affordable housing, helping our homeless and even supporting long-term disaster recovery.”
Annual Community Development Block Grant (CDBG) funds are distributed to communities according to a statutory formula based on a community’s population, poverty, age of its housing stock, and extent of overcrowded housing.