The Department of Housing and Urban Development (HUD) has announced that Blacksburg, Christiansburg and Radford will receive federal funding to help local residents access safe and affordable housing.
HUD awarded the funding through four grant programs: the Community Development Block Grants (CDBG) program, the HOME Investment Partnerships Program, the Emergency Solutions Grants (ESG) program, and the Housing Opportunities for Persons with AIDS (HOPWA) grant program.
Blacksburg is scheduled to receive a total of $1,150,576 from two grants, one from the CDBG program, the other from the HOME investment program.
Christiansburg is slated for a grant of $104,407 from the CBDG program. Radford is in line for a grant totaling $182,495 from the CBDG program.
The 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.
