Cantwell Announces $764K in New Housing Grants for Bellevue
WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA) announced the City of Bellevue will receive $764,373 in grant money from the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) program. The funding will help provide housing opportunities and expand economic opportunities for people in Bellevue.
The CDBG program helps support home ownership, housing rehabilitation, public improvements, and economic development projects in communities throughout the country. Since 1974, the program has invested more than $153 billion in communities nationwide, and it has helped leverage $4.09 in non-CDBG funding for every $1.00 of funding given out.
Senator Cantwell has long been a supporter of the CDBG program. She has also prioritized investment in affordable housing, helping to secure nearly $3 billion in additional affordable housing funding in March 2018 and introducing legislation earlier this year to increase investment in affordable housing and provide more resources and stronger protections for at-risk groups.
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