Washington, DC – April 21, 2010 – (RealEstateRama) — U.S. Senators Blanche Lincoln and Mark Pryor and U.S. Representatives Marion Berry (AR-01), Vic Snyder (AR-02) and Mike Ross (AR-04) today announced that eight Arkansas cities will receive $7,029,568 in grants from the U.S. Department of Housing and Urban Development (HUD) to help improve urban communities and provide housing for low-income individuals and those living with HIV/AIDS.
Bentonville, Fayetteville, Jacksonville, Jonesboro and Little Rock were awarded Community Development Block Grants (CDBG), funds that are used to develop urban communities by supporting projects that revitalize neighborhoods, promote economic development, and improve local facilities and services.
Little Rock and North Little Rock were awarded HOME program grants, which help expand the supply of affordable housing for low-income individuals and their families. In addition, Little Rock was awarded funding under HUD’s Housing Opportunities for Persons with AIDS (HOPWA) program to provide housing assistance for low-income individuals living with HIV/ AIDS.
The following cities received funds:
Jonesboro – $602,512 (CDBG)
Jacksonville – $295,396 (CDBG)
Little Rock – $1,802,526 (CDBG); $1,069,133 (HOME); $317,437 (HOPWA)
North Little Rock – $827,527 (CDBG); $400,016 (HOME)
Bentonville – $206,091 (CDBG)
Fayetteville – $704,208 (CDBG)
Rogers – $460,629 (CDBG)
Texarkana – $344,093 (CDBG)
“These grants will create better living environments in Arkansas’s urban communities and help those in need afford decent housing,” Lincoln said. “Having a safe and secure place to live is a critical component of building a stable and productive life and many Arkansans will benefit from this investment.”
“A secure home can be the gateway to success for an individual, and a strong neighborhood can bring jobs and economic development to a community,” Pryor said. “These funds will help ensure families in Arkansas have access to affordable housing and quality neighborhoods.”
“There are many hard-working Arkansans that struggle each day just to keep a roof over their head,” Berry said. “These funds help provide low-income earning individuals and families affordable housing, revitalize communities, and ultimately raise the standard of living for many Arkansans.”
“A partnership between federal and local dollars can really help Arkansas communities. I’m confident these funds will be used well,” Snyder said.
“During these tough economic times, too many Arkansans have lost their jobs or their homes through no fault of their own,” Ross said. “These federal investments will not only help create jobs now, but they will also help many Arkansans get back on their feet, find a job and find a place of their own to call home.”
Lincoln, Marni Goldberg, 202-224-4843
Pryor, Michael Teague, 501-324-6336
Berry, Will Jennings, 202-225-4076
Snyder, Betsy Barrett, 202-225-2506
Ross, Brad Howard, 202-225-0753