Saturday, October 23, 2021
82.8 F
Fort Worth

Fort Worth distributes $10.1 million grant to housing programs

🕐 1 min read

With $10.1 million received from the U.S. Department of Housing and Urban Development (HUD), the city council voted unanimously on Aug. 9 to approve an action plan that outlines how the money will be distributed in 2016-2017.

HUD’s $10.1 million grant is an increase from the $9.8 million grant HUD provided for 2015-2016. The grant helps support the City of Fort Worth’s housing programs and activities. The funds come from the federal government’s Community Development Block Grant (CDBG), HOME Investment Partnerships Program (HOME), Housing Opportunities for Persons with AIDS (HOPWA) and Emergency Solutions Grant (ESG).

Here’s a quick overview of how some of the funding will be broken down:

$6.4 million from CDBG, plus $130,000 of CDBG income

• Most funding ($2.1 million) will go toward housing program services like the Priority Repair Program and Cowtown Brush-Up.

• Other funding will go toward agencies like the Tarrant County Housing Partnership ($116,000), Cenikor Foundation ($110,000) and Girls Inc. of Tarrant County ($110,000).

$2.1 million from HOME, plus $1.2 million of estimated HOME income

• The city’s Neighborhood Services department estimates it will earn about $1.2 million from houses sold through the HOME program. That money will go back toward other HOME projects, Neighborhood Services Director Aubrey Thagard said.

• In addition, $960,236 will go to the Homebuyers Assistance Program.

$1 million from HOPWA

• Most funding will go toward nonprofit service providers like the AIDS Outreach Center, Inc. ($515,710) and Tarrant County Samaritan Housing, Inc. ($485,844)

$570,031 from ESG

• Most funding ($527,279) will go toward nonprofit service providers like DRC, formerly Day Resource Center for the Homeless ($141,092); the Salvation Army ($116,360); and Presbyterian Night Shelter ($100,275).

Related Articles

Our Digital Sponsors

Latest Articles

Texas Rangers
Fort Worth Business Press Logo
This advertisement will close in
00
Months
00
Days
00
Hours
00
Minutes
00
Seconds
seconds..
Click here to continue to Fort Worth Business Press

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate