The U.S. Department of Housing and Urban Development (HUD) announced it approved Colorado’s Community Development Block Grant - Disaster Recovery (CDBG-DR) Action Plan. The Plan outlines how Colorado will distribute grant dollars received from HUD for flood recovery programs.
This grant will support recovery efforts in 18 Presidentially declared flood-impacted counties, with a majority of the funds going to the most impacted counties: Boulder, Larimer and Weld. Programs will focus on housing, public infrastructure, long-term planning and economic development and, as stipulated by the grant, 50 percent of the funds will be distributed to low- and moderate-income households.
Applications for the funds were made available Friday, May 2, 2014, online at http://dola.colorado.gov/cdbg-dr/. The State will work with all applicants to release the money as soon as possible.
Visit the Colorado Department of Local Affairs website for specific information related to CDBG-DR.