U.S. Department of Housing and Urban Development awards $147M to New Jersey

Burlington, Camden and Gloucester Counties the beneficiary of federal benevolence for affordable housing and others in need.

The U.S. Department of Housing and Urban Development (HUD) on Monday announced $5.5 billion in funding to local programs throughout the country that provide affordable housing, community development and economic opportunity, and support to individuals and families experiencing homelessness.

- Advertisement -

New Jersey was awarded $147,874,036. Click on the link to: View a complete list of all the communities who received funding.

“These core programs provide our local partners the funding they need to provide homes and vital services to some of our neighbors in need,” said Acting HUD Secretary Matt Ammon.

The grants announced today are provided through the following HUD programs:

  • $3.4 billion — The Community Development Block Grant Program (CDBG) provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
  • $1.3 billion — The HOME Investment Partnerships Program (HOME) provides funding to states and localities that communities use – often in partnership with local nonprofit groups – to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income people.
  • $387 million — The Housing Opportunities for Persons with AIDS (HOPWA) grants provides rental housing assistance for persons living with HIV/AIDS and their families.
  • $290 million — Emergency Solutions Grants (ESG) provides funds for homeless shelters, assists in the operation of local shelters and funds related social service and homeless prevention programs.
  • $25 Million—The Recovery Housing Program (RHP) allows states and the District of Columbia to provide stable, transitional housing for individuals in recovery from a substance-use disorder.

“The funding announced today will provide over $147 Million in much needed Community Planning and Development funding to communities throughout the Garden State,” said Justin Scheid, HUD Newark Field Office Director.

“Cities, counties, and communities across New Jersey will be able to use this vital funding to develop viable communities by creating and retaining jobs and providing housing, services, and supports to those who need it most.”

Burlington County is in line to receive approximately $1.49 million from CDBG and more than $844,000 from HOME. Camden County is expected to net $2.5 million from CDBG, $1.13 million from HOME and almost $211K from ESG. Gloucester County could net roughly $1.36 million from CDBG and a little more than $594K from HOME.

- Advertisment -