U.S. Representative Henry Cuellar announced $5,003,353 today for the City of Laredo from the U.S. Department of Housing and Urban Development. The funding comes in four parts:

• $3,589,958 for Community Development Block Grants (CDBG) to provide housing and to expand economic opportunities, principally for low- and moderate-income citizens.
• $1,248,285 for HOME Investment Partnerships Program (HOME) to build, buy and rehabilitate affordable housing for assistance to low-income citizens.
• $159,922 Emergency Shelter Grant (ESG) to provide homeless persons with basic shelter and essential supportive services, including assisting with the operational costs of shelter facilities.
• $5,188 for the American Dream Downpayment Initiative (ADDI) to increase homeownership rates, especially among lower income and minority households, and to revitalize and stabilize communities.

“These HUD entitlement funds will help to improve the quality of life, especially for those persons of low to moderate income here in Laredo,” said City of Laredo Mayor Raul G. Salinas.  “From assistance for housing rehabilitation, providing funding for non-profit service providers who service the homeless, to building infrastructure throughout the community, such as parks, sidewalks, police substations, or even buying fire equipment, these monies are always greatly needed, and much appreciated here in Laredo,” he concluded.

“As our city grows, it is imperative that we continue to invest in our infrastructure to improve communities, help homeowners and provide shelter for those who need assistance,” Congressman Cuellar said. “I congratulate Mayor Salinas and those who have worked hard to bring these important funds to Laredo, and I look forward to working together in the future.”