CDBG Entitlement FAQ
Q

May CDBG homeownership assistance be provided as a grant?

Date Published: March 2019

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A

Yes. It is at the grantee's discretion regarding the provision of assistance as a grant or loan. Most grantees award CDBG funds for homeownership assistance as a loan, often forgiven over a period to avoid windfalls by the purchaser while allowing equity to accrue.


Tags: CDBG Entitlement Program Homebuyer Assistance

FAQ ID:

3594