Economic Development Authority
CDBG 2024 Disaster Recovery - Housing
Who can apply
- Units of General Local Government (UGLGs) and tribes are the eligible applicants for these funds. UGLGs and tribes must identify a developer in their applications. If awarded funds, the UGLG will enter into a development agreement with the developer.
- Eligible Areas
- CDBG-DR funding will be provided to HUD-identified MID areas: Cherokee County, Clay County, Sioux County and Woodbury County. The State-identified MID Areas are Buena Vista, Lyon, Pottawattamie, Dickinson and Osceola Counties.
- Maximum Awards
- The following maximum award amounts apply to the New Housing Construction program:
- Housing construction incentive: Up to $150,000 per unit
- Mitigation incentive: Up to $20,000 per unit
- Infrastructure in support of housing: The lesser of $35,000 per unit or 35% of housing construction cost. The incentive is optional and will be used to support the construction of infrastructure for the new housing development
- Low-to-Moderate Income Benefit
- This program will serve low to moderate income (LMI) households. LMI households are those at or below 80% of the area median income of the county in which the housing unit is constructed.
- Summary of Application Criteria
Units of General Local Government (UGLGs) and tribes are the eligible applicants for these funds. UGLGs and tribes must identify a developer in their applications. If awarded funds, the UGLG will enter into a development agreement with the developer. Eligible Areas CDBG-DR funding will be provided to HUD-identified MID areas: Cherokee County, Clay County, Sioux County and Woodbury County. The State-identified MID Areas are Buena Vista, Lyon, Pottawattamie, Dickinson and Osceola Counties. Maximum Awards The following maximum award amounts apply to the New Housing Construction program: Housing construction incentive: Up to $150,000 per unit Mitigation incentive: Up to $20,000 per unit Infrastructure in support of housing: The lesser of $35,000 per unit or 35% of housing construction cost. The incentive is optional and will be used to support the construction of infrastructure for the new housing development Low-to-Moderate Income Benefit This program will serve low to moderate income (LMI) households. LMI households are those at or below 80% of the area median income of the county in which the housing unit is constructed. Summary of Application Criteria
About this grant
The funder hasn’t published a summary. See the official listing for full details.
Topics
- Community Development
- Disaster Assistance
- Disaster Preparedness
- Economic Development
- Housing
- Rural Issues
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