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About Community Development Block Grant

Community Development Block Grant provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.

Headquarters Location

Washington, DC,

United States

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Latest Community Development Block Grant News

Last Chance to Weigh In On City’s Community Development Block Grant Year-End Report

Sep 6, 2023

Last Chance to Weigh In On City’s Community Development Block Grant Year-End Report By City of Goleta Share this: GOLETA, CA, September 6, 2023  –   There are just a couple days left to provide input on the City of Goleta’s Community Development Block Grant (CDBG) Year-End Report. The 15-day public review period ends this Friday, September 8 at noon. The City receives funds for its CDBG program from the U.S. Department of Housing and Urban Development (HUD) and is required to submit a year-end report on its accomplishments called the Consolidated Annual Performance Evaluation Report (CAPER). The CAPER provides an assessment of the City’s performance in meeting housing and community development goals in the adopted 2022-2023 CDBG Action Plan. This past year, over 6,000 people were assisted with CDBG funding. View the draft CAPER here:  www.CityofGoleta.org/Grants . The City Council held a public hearing on these matters at its meeting last night, September 5, 2023. The Council approved the draft CAPER and authorized staff to submit it to HUD. Watch the meeting here:  https://tinyurl.com/5hdehmu8 . Read the staff report at  https://tinyurl.com/2p87kbv . There is still time for the community to provide input. Comments are being accepted through noon on Friday, September 8, 2023. Submit comments to: City of Goleta, Neighborhood Services Department, Attn: Shanna Dawson, 130 Cremona Drive, Goleta, CA 93117 or send an email to  sdawson@cityofgoleta.org . About the Community Development Block Grant On an annual basis the City receives funding from the U.S. Department of Housing and Urban Development (HUD) for the CDBG program which is intended to be used to assist low-income citizens, people experiencing homelessness, youth and seniors with essential services such as medical and dental care, food security, counseling, homelessness prevention, case management and other needs. The City also uses the majority of its CDBG allocation on capital projects that will benefit low- to moderate-income people and the disabled. Projects have included renovating City facilities and parks to meet Americans with Disability Act (ADA) access standards, installing sidewalks in areas where they are lacking, and adding crosswalks. Add to Favorites

Community Development Block Grant Investments

3 Investments

Community Development Block Grant has made 3 investments. Their latest investment was in Jasper Lumber as part of their Grant on March 3, 2022.

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Community Development Block Grant Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/1/2022

Grant

Jasper Lumber

$0.3M

Yes

1

4/2/2021

Series A

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$99M

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10

11/5/2010

Grant

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$99M

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0

Date

3/1/2022

4/2/2021

11/5/2010

Round

Grant

Series A

Grant

Company

Jasper Lumber

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Amount

$0.3M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

0

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