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.

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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.

Key Takeaways.

What is the purpose of HUD CDBG-DR Grants in disaster recovery?

HUD CDBG-DR Grants address unmet needs for both public and private sectors, benefiting homeowners and municipal governments by providing essential financial assistance after a disaster.

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by Murray Wennerlund
Expert Strategies for a Smoother Rebuilding Journey.

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