To modernize the formulas for allocation of Community Development Block Grant Program grants for entitlement communities to more effectively target such amounts for community development needs, and for other purposes.
CDBG Modernization Act of 2022
This bill sets out a process to revise the formulas used to allocate certain funding through the Community Development Block Grant, which supports states and local governments with neighborhood revitalization, housing rehabilitation, and community economic development efforts.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line