Monday, March 2, 2009

Washington, D.C. – Congresswoman Dina Titus of Nevada’s Third District announced today that the City of Henderson will receive $304,711 from the Community Development Block Grant (CDBG) program and that the Clark County Housing Authority will receive $1,724,275 through the Capital Fund Formula program.  These grants from the Department of Housing and Urban Development are the first set of grants for Nevada through the recently enacted American Recovery and Reinvestment Act.

“With the announcement of these grants, Nevada will begin to see the effects of the recovery plan only weeks after its passage,” Congresswoman Titus said.  “This critical funding will invest in our communities while creating much-needed jobs as we work to turn our economy around.”

Funds from the Community Development Block Grant program will enable the city to undertake a wide range of activities intended to help provide affordable housing and create economic opportunities or low and moderate income people.  The Capital Fund Formula program provides funds to public housing agencies for the modernization and development of public housing.

In addition to the grants from the recovery plan that will go solely to the Third District, there are a number of grants that will also benefit Nevadans in both the First and Third District, including:

•         $469,798 from the Capital Fund Formula program for the City of North Las Vegas

•         $1,376,738 from the CDBG program for the City of Las Vegas

•         $443,222 from the CDBG program for the City of North Las Vegas

•         $2,105,118 from the Homeless Prevention program for the City of Las Vegas

•         $677,704 from the Homeless Prevention program for the City of North Las Vegas

The recovery plan, which was passed by the House on February 13 and signed into law by President Obama on February 17, will create or save 3.5 million jobs nationwide, including 34,000 jobs in Nevada.  It also provides tax breaks for 95 percent of Americans that will be reflected in workers’ paychecks beginning April1.

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Tags: Henderson, housing, Las Vegas, North Las Vegas, Recovery and Reinvestment Act