Week 4: HUD CDBG-DR Grants Overview
Week 4: HUD CDBG-DR Grants address unmet needs for public and private sectors. Homeowners and municipal governments benefit from HUD grants after a disaster.
By Murray Wennerlund, published on
HUD CDBG-DR Grants
Originally designed to assist homeowners with households earnings less than 40% AMI. Today that level is 80% AMI. Then with amendments that level reaches 120% AMI. As with any HUD program over 120% AMI households will need to provide proof of financial hardship. Typically states limit the program to household earnings of less than $1 million per year.
HUD CDBG-DR: Within the month I'll have the information you need to start addressing your unmet needs after insurance and SBA.