HUD Awards $6.6M to Youngstown, Warren
YOUNGSTOWN, Ohio – Mahoning Valley’s two largest cities will receive more than $6.6 million in grants from three federal programs.
The funds represent the bulk of the total $8.2 million in formula grants awarded to communities in Ohio’s 13th congressional district.
The formula grants, which come through the U.S. Department of Housing and Urban Development’s Office of Community Planning and Economic Development, are intended to promote economic development, according to a news release from U.S. Rep. Tim Ryan, who announced the grants.
Youngstown will receive grants totaling nearly $4.5 million – approximately $3.5 million in Community Development Block Grant funds, $785,215 in Home Investment Partnership Grant funds, and $300,000 from the Emergency Solutions Grants program.
Warren will receive nearly $1.3 million in CDBG funds and $788,217.
Also, the city of Alliance, a portion of which is in Mahoning County, will receive $624,338 in CDBG funds, while Cuyahoga Falls will receive $645,575 and Kent will receive $306,220 from the CDBG program.
“These investments will be critical to lifting low-income families out of poverty and ensuring working families can achieve economic stability,” Ryan, D-13 Ohio, said in the news release.
“Across Ohio, our cities need the private investment that can only be unlocked through strong public investment that upgrades our infrastructure and incentives growth,” he continued. “Grants like these from the Department of Housing and Urban Development will ensure our communities in Northeast Ohio have the resources necessary to make that happen.”
Copyright 2024 The Business Journal, Youngstown, Ohio.
