- Budget Summary (Updated as of May 23, 2017)
Community Development Block Grant (CDBG)
The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development needs. Beginning in 1974, the CDBG program is one of the longest continuously run programs at HUD. The CDBG program provides annual grants on a formula basis to 1209 general units of local government and States.
Community Development Financial Institutions (CDFI) Fund
The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generating economic growth and opportunity in some of our nation’s most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities.
CHOICE Neighborhood Program
The Choice Neighborhoods program supports locally driven strategies to address struggling neighborhoods with distressed public or HUD-assisted housing through a comprehensive approach to neighborhood transformation. Local leaders, residents, and stakeholders, such as public housing authorities, cities, schools, police, business owners, nonprofits, and private developers, come together to create and implement a plan that transforms distressed HUD housing and addresses the challenges in the surrounding neighborhood. The program is designed to catalyze critical improvements in neighborhood assets, including vacant property, housing, services and schools.
- List of Choice Neighborhoods Implementation Grantees
- Information on Choice Neighborhoods Implementation Grants
- List of Choice Neighborhoods Grantees’ Websites
HOME Investment Partnerships Program (HOME)
The HOME Investment Partnerships Program (HOME) provides formula grants 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. HOME is the largest Federal block grant to state and local governments designed exclusively to create affordable housing for low-income households.
SBA Program for Investment in Micro-Entrepreneurs (Prime):
Provides assistance to various organizations. These organizations help low-income entrepreneurs who lack sufficient training and education to gain access to capital to establish and expand their small businesses.
Budget Resources – State Funding Allocations
Use the resources below to find funding and grant information on NCRC’s budget priorities for your state.
HUD State-by-State Funding for: CDBG’s, HOME Investment Partnership, HOPWA, Housing Trust Fund
State-by-State Funding for Individual Programs
1. Community Development Financial Institutions (CDFI) Fund
2. Sec. 4 Capacity Building for Community Development and Affordable Housing
3. Public Housing Capital Fund
4. Public Housing Operating Fund
5. Homeless Assistance Grants
6. Housing Opportunities for Persons With AIDS
7. Section 811 Housing For Persons With Disabilities
8. Office of Lead Hazard Control & Healthy Homes
9. Self-Help and Assisted Homeownership Opportunity Program
10. Neighborhood Reinvestment Corporation
11. Housing Counseling Assistance
12. Section 502 Single Family Direct
13. 502 Single Family Guarantee
14. Microloan Program-Lending
15. Rural Business Development Program
16. Rural Microentrepreneur Assistance Program
17. Intermediary Relending Program
18. Housing Trust Fund and Capital Magnet Fund