NMEDD Finance Development Webinar Series: Explore Community Development Block Grant (CDBG) Funding with NM DFA

Thursday, December 20, 2018 at 10:00am - 11:30am
NMEDD Finance Development Webinar Series: Explore Community Development Block Grant (CDBG) Funding with NM DFA

Community Development Block Grant- Federal Funds for New Mexican Entities

Each year the Local Government Division (LGD) awards approximately $11 million to municipalities and counties throughout the state. Examples of infrastructure projects funded include senior centers, water systems improvements, and flood-prevention initiatives. Past CDBG funding has gone to economic development projects, like the construction of a substance abuse clinic, as well as affordable housing development. The common denominator among these projects is the beneficiaries are majority low to moderate income communities.

This webinar explains how New Mexican entities can take advantage of CDBG funds to serve their LMI residents by answering the questions:

  • What kinds of projects are eligible?
  • How can entities qualify?
  • What makes a funding application competitive?
  • And, what does it take to administer a CDBG project?

Register here: https://register.gotowebinar.com/register/4374346930783931649

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