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Washington, D.C. – Congressman Pete Visclosky today announced that East Chicago will receive $1,779,850 in grants from the U.S. Department of Housing and Urban Development (HUD). The grants are intended to help the city expand economic opportunities and affordable housing for its residents.
“These investments in East Chicago will stimulate economic activity and provide people decent, affordable housing,” said Visclosky. “The federal funds help the city address critical needs to make the city a better, more prosperous place to live. As families in East Chicago, and across Northwest Indiana, continue to struggle in the recession, initiatives like these will have a profound impact on the community.”
$1,365,992 will come from the Community Development Block Grants (CDBG) program to develop a viable urban community by developing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income residents. Additionally, $413,858 will come from the HOME program to expand the supply of decent, affordable housing to low- and very-low-income families that meets local needs and priorities. |
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