Blacksburg, Christiansburg and Radford combined will receive just under $1.5 million in federal grants to support access to safe and affordable housing. Announced Thursday by U.S. Senators Mark Warner and Tim Kaine, the funding is from the United States Department of Housing and Urban Development and was awarded through four grant programs.
The bulk of the funding — $1,150,424 — will go to Blacksburg through a Community Development Block Grant and the HOME Investment Partnerships program Christiansburg will receive $165,791 as a Community Development Block Grant, and Radford has been awarded $179.253 through a Community Development Block Grant.
.“We are very glad to see nearly $95 million dollars go towards supporting access to affordable housing for folks with the highest need in localities throughout Virginia,” the senators said in a joint statement. “We will continue fighting for grant opportunities that help promote accessible housing in the commonwealth.”
The Community Development Block Grant (CDBG) program provides annual grants on a formula basis to states, cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and expanding economic opportunities, principally for low- and moderate-income persons.
The HOME Investment Partnerships (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.
Awarded through four different federal programs, the grants for all of Virginia totaled $94,523,140
