Search Results for keywords:"fund allocation"

The Department of Housing and Urban Development (HUD) is allocating over $186 million in Community Development Block Grant Mitigation (CDBG-MIT) funds to grantees affected by 2018 disasters. This funding, authorized by the Additional Supplemental Appropriations for Disaster Relief Act of 2019, is meant for mitigation activities that increase resilience and reduce risks from future disasters in most impacted and distressed areas. Grantees must submit action plans detailing the use of these funds, which must focus on identified risk areas and can be leveraged through partnerships and coordination with other federal programs. HUD will provide technical assistance to smaller grantees to enhance the effectiveness of these mitigation efforts.

The Department of the Treasury announced that information about the Emergency Rental Assistance Program is available on their website. This program provides $25 billion to help states, U.S. territories, local governments, and tribal communities with rental payments and utilities for those in need. At least 90% of the funds must be used for rent, utilities, and related expenses, while up to 10% can be used for housing stability services and administrative costs. More details and a payment information form can be found online.

The Federal Aviation Administration (FAA) announced deadlines related to the use of entitlement funds for airport improvement projects. Airports must notify the FAA by March 15, 2021, if they plan to use their available funds for eligible projects. The final grant application must be submitted by May 3, 2021. These deadlines are crucial for planning and efficiently administering the Airport Improvement Program (AIP) funds, which are authorized through September 30, 2021.