$325 Million in Choice Neighborhoods Implementation Grants Awarded
By: Steven Molinari, Policy Analyst
On July 16, HUD announced that the Biden-Harris Administration is awarding $325 million in Choice Neighborhoods Implementation Grants to seven communities nationwide.
The 2023/24 fiscal year grants are to be used to build more homes and revitalize neighborhoods with distressed housing. According to HUD, “the awards will redevelop distressed housing with high-quality mixed-income options, while also providing residents with services focused on income, health, and education.”
In addition, the grants are also eligible to be used for neighborhood improvements that promote economic development and private investment.
Of the total amount, a little over $305 million are for new grant recipients. The remaining amount of $19.5 million will be awarded to current grantees in Arizona, Louisiana, Maine, New Jersey, North Carolina, Ohio, and Virginia.
To learn who the seven new grantees are who will be receiving awards and their plans for improving their communities, see here.