Arkansas Economic Development Commission issued the following announcement on Oct. 1.
The Arkansas Economic Development Commission (AEDC) has awarded $6.42 million in Community Development Block Grants (CDBG) to 26 Arkansas cities and counties.
The grants were awarded under the General Assistance set-aside, part of Arkansas’s $18.4 million 2020 formula grant allocation, which is designed to provide communities the opportunity to apply for a variety of non-housing public facility and public infrastructure projects. These funds originate from the U.S. Department of Housing and Urban Development (HUD) through the Community Development Block Grant (CDBG) State Program for Small Cities.
An additional $4,539,427 was awarded to 24 cities and counties throughout the state from the CDBG-CV set-aside, a $26.4 million supplemental program to assist in community-level recovery, prevention, and preparation efforts relating to the coronavirus. The CDBG-CV funding was allocated to the State by HUD as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act.
Original source can be found here.
Source: Arkansas Economic Development Commission
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