Lynchburg, Monacans get housing grant funds
Lynchburg is receiving more than $1.1 million from the U.S. Department of Housing and Urban Development for affordable housing.
The city will receive $718,593 through the departmentâs Community Development Block Grants program and $413,856 through the departmentâs HOME Investment Partnerships program.
The CDBG program âprovides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment and expanding economic opportunities,â according to a news release from U.S. Senators Mark Warner and Tim Kaine, announcing the round of more than $95.5 million total in HUD grants across Virginia.