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The largest “Community Development” program by far is HUD’s Community Development Block Grant. In 2009 it cost $6.4 billion dollars – which is the least amount it cost in years. The program gives money directly to states and local governments with a stipulation of how the money is supposed to be spent. The annual . . . → Read More: HUD’s Community Development Fund missing $2.4 billion There is a subfunction of our government called “Community Development”. What does it do? It is the designation given to federal programs that are meant to renew, repair, or develop land that would not otherwise be used. It concentrates on local governments and accounted for nearly $7 billion in spending in 2009 which was . . . → Read More: Community Development August is going to be “Community Development Month” here. No, it’s not some crackpot way to try and promote my blog. Rather, it’s the part of the Federal Budget I’ll be mostly studying this month. The Office of Management and Budget has a spending category called “Community and Regional Development”. Within that there are . . . → Read More: Community Development Month |
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