Ocean City Receives Federal Grant For Affordable Housing

Ocean City NJ

03 March, 2021

5:17 PM

Description

OCEAN CITY, NJ — Ocean City received $285,626 in funding from the U.S. Department of Housing and Urban Development (HUD) on Monday. The grant was given to fund local programs that provide affordable housing, community development and economic opportunity, and support to individuals and families experiencing homelessness. Ocean City's grant comes through the Community Development Block Grant Program (CDBGP). The CDBGP grants help provide housing and suitable living environments, and expand economic opportunities for low and moderate-income residents. HUD released $5.5 billion in funding and New Jersey was awarded $147,874,036. "This funding comes at a critical time for our country, when these bedrock programs have never been more important," said James Arthur Jemison, Principal Deputy Assistant Secretary for Community Planning and Development, in a media statement. Click here to get Patch email notifications on this or other local news articles or get Patch breaking news alerts sent right to your phone with our app. Download here. Follow Ocean City Patch on Facebook. Have a news tip? Email [email protected].