CBDG most likely refers to the Community Development Block Grant. This is a block grant given by the US Department of Housing and Urban Development (HUD).
Community Development Block Grant (CDBG) Explained
The CDBG program, authorized by the Housing and Community Development Act of 1974, replaced several community development categorical grant programs. It's essentially a way for the federal government to provide flexible funding to local communities.
Key Features of CDBG:
- Block Grant: Funds are provided as a block grant, giving local governments flexibility in how they use the money.
- HUD Administered: The U.S. Department of Housing and Urban Development (HUD) oversees the CDBG program.
- Community Development Focus: The primary goal is to improve communities, particularly for low- and moderate-income residents.
- Replaced Categorical Grants: CDBG streamlined previous, more specific grant programs.
