Urban Development Action Grant

Definition of "Urban development Action Grant"

Deborah  Lonsdorf real estate agent

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Deborah Lonsdorfelite badge icon

BHHS Fox & Roach Haverford Sales Office

It is intended to stimulate private investment in distressed cities and urban counties by providing federal "seed money' to attract private funds for such projects as industrial parks and revitalized waterfront areas. The Community Development Block Grants program transfers HUD funds directly to cities and states for urban renewal projects.

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