Assistance program
Community Development Block Grants Section 108 Loan Guarantees
-$8.3 Million committed in FY2018–FY2025
- Agency
- Assistant Secretary for Community Planning and Development, Housing and Urban Development, Department of
- Assistance
- Guaranteed/Insured Loans
- CFDA number
- 14.248
- What it does
- To provide communities with a source of financing for economic development, housing rehabilitation, public facilities, and large scale physical development projects.
- Who benefits
- The principal beneficiaries are low and moderate income persons.
- Who applies
- Eligible Applicants include: metropolitan cities and urban counties, i.e., CDBG entitlement recipients; nonentitlement communities that are assisted in their submission of applications by States that administer the CDBG program; nonentitlement communities eligible to receive CDBG funds under the HUD-Administered Small Cities CDBG program; and Insular Areas (American Samoa, Guam, Northern Mariana Islands, and the Virgin Islands). The public entity may be the borrower or it may designate a public agency to be the borrower. Furthermore, HUD's FY 2018 and FY 2019 appropriations acts continue HUD's authority to provide loan guarantees to States borrowing on behalf of local governments in nonentitlement areas.
- Authorized by
- Housing and Community Development Act of 1974, as amended
Committed by fiscal year
Top recipients
By dollars committed.
How to read these numbers
- Committed through this program
Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
- How it's paid
Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
- Some recipients aren't itemized
For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
- Awards, counted once
An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
- The colored bars
Every bar on this page splits by how the money moves:
Direct payments