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Marion County will receive stimulus funds through both the
Housing and Economic Recovery Act of 2008 (HERA) and the
American Recovery and Reinvestment Act of 2009 (ARRA).
The
Neighborhood Stabilization Program
(NSP) was authorized through the Housing and Economic
Recovery Act of 2008. Marion County will receive a one-time
grant of $6,324,055 to provide targeted emergency assistance to
acquire and redevelop foreclosed properties that might otherwise
become sources of abandonment and blight within their
communities.
The
Homeless
Prevention and Rapid Re-housing Program (HPRP) was
authorized through the American Recovery and Reinvestment Act of
2009. Marion County will receive a one-time grant of $727,072 to
provide financial assistance and services to either prevent
individuals and families from becoming homeless or to help those
who are experiencing homelessness to be quickly re-housed and
stabilized.
A special additional allocation of
Community
Development Block Grant funds (CDBG-R) was authorized
through the American Recovery and Reinvestment Act of 2009.
Marion County will receive an additional $475,454 in CDBG funds
to carry out,
on an expedited basis, eligible
activities under the CDBG program.
For complete information on any of these programs, click on the
link above.
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