HUD AWARDS MORE THAN $26 MILLION TO ST. LOUIS COUNTY TO BOOST ECONOMIC GROWTH AND REVITALIZE DISTRESSED COMMUNITIES

U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro announced Wednesday the allocation of more than $26 million from the Community Development Block Grant (CDBG) Program for St. Louis County, Missouri. St. Louis County received $24 million under the Section 108 Loan Guarantee Program to establish a loan pool for community development projects, while an additional $2.4 million in Declared Disaster Recovery Funds was awarded to the North County area of St. Louis County to help communities impacted by tornadoes and severe storms in 2013.


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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