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CDBG Reform

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Author Info
HUD – PD&R
Abstract

Across America, there are areas of high poverty and community distress that currently receive less federal funding than more affluent communities. The reason? Funding formulas intended to measure need haven't changed since 1978 while the country has undergone significant and dynamic demographic and socio-economic change. To correct this funding disparity, Housing and Urban Development Secretary Alphonso Jackson is offering Congress The Community Development Block Grant (CDBG) Reform Act of 2006 that seeks to change the underlying formulas to CDBG.

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Publisher Info
Paper provided by HUD USER, Economic Development in its series Economic Development Publications with number 39056.

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Length: 39 pages
Date of creation: Jun 2006
Date of revision:
Handle: RePEc:hud:wpaper:39056

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R1 - Urban, Rural, and Regional Economics - - General Regional Economics

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This page was last updated on 2009-11-29.

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