JACKSON — The U.S. Department of Housing and Urban Development (HUD) has approved the State of Mississippi’s plan to administer the Community Development Block Grant-Recovery (CDBG-R) Program, which is funded through the American Recovery and Reinvestment Act of 2009.
Approximately $8 million has been allocated to the state to implement the program.
“The Community Development Block Grant-Recovery Program will promote economic recovery investments in communities across the State of Mississippi,” said Gray Swoope, executive director of the Mississippi Development Authority, which is administering the one-time program in addition to the state’s regular CDBG programs. “The program will not only help communities improve infrastructure, but it will also promote job growth and creation.”_
The CDBG-R Program will fund needed infrastructure projects, basic services to residents and activities that promote energy efficiency and conservation through rehabilitation or retrofitting of existing buildings. Some proposed projects around the state include new or improved public buildings, such as fire stations, town halls and libraries, new storm drainage systems and road improvements.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info