Bloomington, Greenwood, and New Albany Receive $1 Million for Housing Assistance
September 17, 2020
WASHINGTON, D.C. – The U.S. Department of Housing and Urban Development (HUD) announced $987,293 in CARES Act funding for the Community Development Block Grant (CDBG) program in Bloomington, Greenwood, and New Albany.
The almost $1 million investment in combatting homelessness and alleviating economic hardship includes $490,415 for Bloomington, $304,573 for Greenwood, and $192,305 for New Albany. These grants can be used to provide temporary financial assistance to meet rental obligations for up to 6 months.
U.S. Representative Trey Hollingsworth (IN-09) who represents Bloomington, Greenwood, and New Albany in the U.S. House of Representatives, has contributed to efforts to reduce homelessness in Indiana and encourage communities to expand affordable housing. As an active member of the House Financial Services Committee, Hollingsworth introduced the Yes in My Backyard Act, a bipartisan bill to help prioritize measures that will increase housing supply and affordability through the CDBG program. The YIMBY Act passed the House on March 2, 2020.
“Addressing homelessness and housing affordability has always been a priority of mine”, said Rep. Trey Hollingsworth. “Back in March, my Yes In My Backyard (YIMBY) Act passed the House, which was a step in the right direction to ensure all Hoosiers can afford to put a roof over their head. I applaud HUD for their continued support of affordable housing efforts here in Indiana.”
This grant announcement is consistent with President Trump’s August 8, 2020 Executive Order “Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners,” which directs HUD to identify “any and all available Federal funds to provide temporary financial assistance to renters and homeowners who, as a result of financial hardships caused by COVID-19, are struggling to meet their monthly rental or mortgage obligations.
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