Wes Hickman (202-224-5972) or Kevin Bishop (864-250-1417)
-- U.S. Senator Lindsey Graham (R-South Carolina) today announced the City of Spartanburg and Spartanburg County will receive more than $3.2 million in housing grants.
The City of Spartanburg will receive an $875,000 Community Development Block Grant, and $349,000 for the HOME Investment Partnership Program.
Spartanburg County will receive a $1.4 million Community Development Block Grant, $564,500 for the HOME Investment Partnership Program, and $19,900 for the American Dream Down Payment Initiative.
- The Community Development Block Grant Program (CDBG) develops communities and provides housing by expanding economic opportunities for low and moderate income households.
- The HOME Investment Partnership Program creates affordable housing by allowing communities to design and implement strategies tailored to their own needs and priorities.
- The American Dream Down Payment Initiative promotes homeownership opportunities by providing necessary resources for down payment and closing cost assistance to lower-income and minority households.
The grants were awarded by the U.S. Department of Housing and Urban Development.