Thompson Announces $807,952 for State College in U.S. Housing and Urban Development Grants
CDBG funding, HOME grants to aid low- to moderate-income residents
BELLEFONTE, Pa. – U.S. Representative Glenn ‘GT’ Thompson today announced more than $807,900 in federal grant funding for State College to help low- to moderate-income residents find suitable housing options and expand economic opportunities.
The U.S. Department of Housing and Urban Development awarded the funding to State College through two programs: Community Development Block Grants (CDBG) and the HOME program.
CDBG: State College received $487,421. The CDBG program provides annual grants to states and local units of government to develop viable urban communities by providing housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
HOME: State College received $320,531. The HOME program helps to expand the supply of decent, affordable housing to low- and very low-income families by providing grants to states and local governments to fund housing programs that meet local needs and priorities.
The total amount of funding awarded to State College through both HUD programs is: $807,952.
“I’ve been a strong proponent of Community Development Block Grants because they provide our community with flexibility to best leverage these resources for housing rehabilitation, infrastructure development, economic development and more,” Rep. Thompson said. “That’s why I will continue to advocate for and support the program, because it truly does improve the quality of life for State College’s sidents.”
“The HOME and CDBG funds are critical parts of our efforts to provide affordable housing in State College,” said Dr. Thomas E. Daubert, State College Borough Council President. “We utilize these funds through various partnerships, like the State College Land Trust and Temporary Housing Foundation, Inc., which strive to provide affordable housing for working-class people in this market of rapidly escalating real estate prices. CDBG and HOME funds have also supported five other human service organizations, as well as, owner-occupied housing rehabilitation in the Borough. We are thankful for this continued support that helps the Borough of State College provide suitable living environments and economic opportunities for people with low and moderate incomes.”