Guam -Congresswoman Madeleine Z. Bordallo and Governor Eddie Baza Calvo today announced that the U.S. Department of Housing and Urban Development (HUD) has awarded the Government of Guam $4,464,488 in federal financial assistance.
$3,085,838 was awarded through the Community Development Block Grants program, which provides financial assistance to develop urban communities. These funds support suitable housing and living environments, and expand economic opportunities for low and moderate-income individuals.
$1,237,796 was awarded through the HOME program, which provides financial support to local governments to fund programs that expand the supply of affordable housing to low and very low-income families.
$140,854 was awarded through the Emergency Shelter Grants program, which provides financial support to improve the quality and number of emergency homeless shelters available.
“The federal grants received today will provide the necessary support to help expand housing opportunities for families with low-income on Guam,” Congresswoman Bordallo said today. “It is important that we continue to support affordable housing programs on our island, and these grants will go towards helping those in most need of housing assistance. I commend Governor Calvo’s administration for its efforts to secure these funds, and I look forward to them benefiting our community.”
Governor Eddie Baza Calvo:
“We’re moving closer and closer to building homes for families. The housing market is too far out of reach for many people. It’s funding like this that goes a long way to helping our affordable housing initiative bring the dream of homeownership closer to people who couldn’t normally afford a home. I thank Congresswoman Bordallo for supporting this in Congress. I also thank my affordable housing team and my partner in the initiative, Senator Tina Muna Barnes.”