Community Development Block Grant (CDBG)
The CDBG program is a federally funded program dating back to 1974. The program is designed to provide eligible local units of government with grants to assist low and moderate income people, eliminate slum and blight, or meet an urgent need. Each year the state receives approximately $40 million in CDBG funds from the U.S. Department of Housing and Urban Development (HUD). The Michigan State Housing Development Authority uses 25% of the CDBG funds for housing-related activities that assist low and moderate income persons. The remaining 75% of the CDBG funds are used by the MEDC to assist low and moderate income persons by grants that address:
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