Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Freetrade looks to shake up the mutual funds market
    • Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike
    • Investors pull cash from CLO ETFs in biggest outflow since April
    • Dynamic announces October 2025 cash distributions for Dynamic Active ETFs and ETF Series
    • The Celebrity Traitors cast closest bonds and secret connections outside of castle
    • Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity
    • How One Board Sparked A Fundraising Shift
    • Bitcoin investors flee ETFs to the tune of $1bn as volatility spikes
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Georgia awards $33.4 million in Community Development Block Grant funds
    Funds

    Georgia awards $33.4 million in Community Development Block Grant funds

    October 15, 2024


    Special to the Herald

    ATLANTA – Georgia Department of Community Affairs Commissioner Christopher Nunn announced today that 36 Georgia communities have been awarded more than $33.4 million in federal grants to support their communities. 

    The U.S. Department of Housing and Urban Development allocates these funds annually to Georgia’s Community Development Block Grant (CDBG) program, which is administered by the Georgia Department of Community Affairs (DCA). 

    This year’s grant awards include $24.6 million in infrastructure projects, $6.8 million in housing projects, and $2 million in various building projects across 36 Georgia communities. 

    “These grants are vitally important for revitalizing neighborhoods and addressing aging infrastructure throughout Georgia,” said DCA Director of Community Finance Kimberly Carter.  “It’s crucial that these local governments have every opportunity to thrive, and Community Development Block Grants are one of those tools.”

    The City of Guyton will use the grant funds on drainage improvements on a portion of 7th Avenue, Central Avenue, Maple Circle, Anderson Street, Dilmus Jackson Street, Hines Avenue, and Samuel Smalls Sr. Avenue. The project will benefit 41 persons, of whom 38 (92.7%) are in the  low‐to‐moderate income bracket. The total project cost is $1,165,601 with $165,601, in match, leverage and in‐kind services.

    Georgia’s CDBG program is available to non-entitlement local governments and specifically targets rural communities.  After a competitive and thorough evaluation process, applications are scored, rated, and ranked.  Grants are awarded based on overall merit. 

    “Community Development Block Grants provide rural Georgians with improved access to resources that enhance their infrastructure, community facilities, and overall quality of life,” said Commissioner Nunn. “It is always an honor to help our rural communities whenever possible.” 

    A complete list of 2024 CDBG awards is available online.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity

    October 21, 2025

    Aterian Raises New Funds to Support Mining Projects in Africa

    October 20, 2025

    UK’s biggest pension funds join forces with government to launch Sterling 20 initiative

    October 20, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike

    October 21, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Thursday 02 October 2025 8:00 am  |  Updated:  Thursday 02 October 2025 8:09 am Share Facebook…

    Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike

    October 21, 2025

    Investors pull cash from CLO ETFs in biggest outflow since April

    October 21, 2025

    Dynamic announces October 2025 cash distributions for Dynamic Active ETFs and ETF Series

    October 21, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Quartr Partners With the Cambridge Student Investment Fund, a Premier Student Investment Society in the United Kingdom

    July 11, 2024

    Treasury companies ramp up demand amid record outflows in ETH ETFs

    August 5, 2025

    All About ETFs with Options

    May 8, 2025
    Our Picks

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike

    October 21, 2025

    Investors pull cash from CLO ETFs in biggest outflow since April

    October 21, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.