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The original item was published from 1/14/2021 9:23:45 AM to 1/14/2021 9:24:10 AM.

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Posted on: January 14, 2021

[ARCHIVED] Applications Available for City of Albany CDBG, HOME and ESG Funding

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Date: January 14, 2020

Contact: Faye Andrews, Director, Albany Community Development Agency (ACDA)

Email Faye Andrews/(518) 434-5265

 

For Immediate Release

 

ALBANY, NY – The City of Albany has released its Year 47 CDBG, HOME and ESG funding applications. Download an application or call the Department of Housing and Community Development at 518-434-5265. Applications are due by 4 p.m. on Friday, January 29, 2021. Three funding applications are available:

1. Community Development Block Grant Funds (CDBG) 


The primary objective of the CDBG program is the “development of viable urban communities by providing decent housing and suitable living environments and expanding economic opportunities, principally for low- and moderate-income individuals.” Applications for CDBG funding must meet one of the following HUD national objectives

a. Directly benefit low- and moderate-income persons: The program must benefit at least 51% low- and moderate-income persons. Public service activities will qualify under this category in most circumstances. 

b.  Aid in the prevention or elimination of slums or blight: Expenditures under this category are limited to 30 percent of the City’s expenditures.

 Please read the guidelines carefully as the application requirements have changed.

 

2. HOME funding for Community Housing Development Organizations (CHDO) 


HOME CHDO set-aside funds are for use by City of Albany designated CHDOs. For information on how to become a City designated CHDO please call the Housing and Community Development Office - (518) 434-5265).


Eligible activities include:

a.  assisting homebuyers with purchasing newly constructed or rehabilitated housing developed by the CHDO;

b.  developing newly constructed affordable housing;

c.   purchasing an existing building and rehabilitating it for use as affordable housing.

 

3. Emergency Solutions Grant (ESG)

The ESG program is authorized by the McKinney-Vento Homeless Assistance Act funded through 

]the U.S. Department of Housing and Urban Development (HUD) as amended by the Homeless 

Emergency Assistance and Rapid Transition to Housing Act of 2009 (HEARTH Act). The City of 

Albany is responsible for administering the City’s ESG allocation. 

 

The goal of the ESG program is to assist at-risk and homeless households to obtain and maintain 

appropriate permanent housing.  

 

 

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