The funds will be awarded as follows:
- •$1,559,000 in a Community Development Block Grant, which allows state and local governments to develop urban communities by providing housing and economic opportunities for low and moderate-income individuals.
- •$778,159 for the HOME Investment Partnership. This program helps expand affordable housing opportunities for low and very low-income families by providing grants to state and local governments to fund housing programs to meet the needs and priorities of the local community.
- •$126,614 for the American Dream Downpayment Initiative. These funds will promote home ownership opportunities by providing necessary resources for downpayment and closing cost assistance to low-income households.
Senator Shelby said, “I am pleased to announce over $2.4 million for these important home ownership programs in Huntsville. These grants will provide more low-income families in the Huntsville area with the opportunity to own a home and achieve a piece of the American dream.”