Illinois to receive over $67 million in HUD affordable-housing grants
U.S. Sen. Dick Durbin (D-IL) said on Tuesday that Illinois will receive over $67 million in federal grants from the Department of Housing and Urban Development for programs that provide affordable housing and other services for those in need.
“This federal investment will give local development agencies across Illinois the ability to offer affordable housing and homeless assistance to the people in their community who need it most,” Durbin said.
The funds come from four different federal grant programs, with the largest portion coming from Community Development Block Grants, which look to aid urban neighborhoods by improving access to housing and economic opportunities for low- and moderate-income residents.
Other grant sources include the HOME program, which funds affordable housing for low- and very-low-income residents; Emergency Shelter Grants, which fund the maintenance and improvement of shelters and their services; and the Housing Opportunities for People With AIDS (HOPWA) program, which funds projects that help low-income residents living with HIV/AIDS and their families with housing and other services.
More than 60 percent of the funds will be disbursed to the state, with the remainder divided up among several county and municipal governments.