Approval of Community Development Block Grant FY24 Program with $6.6 Million HUD Funding
- When: 2025/01/06
- Address: Citywide, Denver, CO
- City: Denver
- State: CO
- Category: Economic Development Incentives
- Subcategory: Grants
- Grant Agency: HUD
- Asset Class: Multifamily
- Property Type: Affordable Housing
- Size (Dollars): $6.6M
The Denver City Council approved a grant agreement with the U.S. Department of Housing and Urban Development (HUD) to receive $6,603,841 in Community Development Block Grant (CDBG) funds. This funding will support housing, business, and neighborhood development activities for the FY24 program. Projects funded by this grant will be managed by the Denver Economic Development and Opportunity (DEDO) and will focus on creating sustainable and viable urban communities citywide.
Why it Matters
This grant supports critical development projects that enhance urban communities, addressing housing needs and stimulating economic growth citywide.
