Loading...

ECONOMIC STIMULUS
CDC Applies for Federal Funding

In the first quarter of 2009, the CDC was awarded over $13.9 million in ARRA funding.  The addition of this new funding brings the total funds awarded to the CDC from ARRA to over $33 million.

ARRA logoPresident Barack Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA) into law on February 17, 2009.  ARRA made over $16 billion available to public housing organizations such as the CDC by increasing funding for existing programs, as well as making funding available for new services.  To date, the CDC has submitted 18 proposals seeking over $114.3 million through various ARRA funding opportunities.  The proposals sought funding for projects such as security improvements, energy efficiency work measures, preventive maintenance, and general improvements at 12 public housing developments. In addition, the CDC applied for more funding for its Neighborhood Stabilization and Juvenile Justice Crime Prevention Act programs. 

In the first quarter of 2009, the CDC was awarded over $13.9 million in ARRA funding.  The addition of this new funding brings the total funds awarded to the CDC from ARRA to over $33 million.

 

 Back to Quarterly Highlights and Updates