Community development projects that will receive federal recovery funding approved

The Minneapolis City Council today approved a list of nine projects and programs to receive more than $3.6 million in Community Development Block Grant Recovery (CDBG-R) funds from the U.S. Department of Housing and Urban Development (HUD). Minneapolis is receiving the funding as a result of the American Recovery and Reinvestment Act of 2009 (ARRA).

As part of ARRA, HUD has $1 billion available for about 1,200 state and local governments to invest in their own community development priorities. Most local governments use this investment to improve key public facilities, stabilize communities and create jobs locally. 

The City Council approved the following list of projects to receive the community development funding:

For more information on the projects that will be funded, you can view the staff report on the Community Development Block Grant Recovery funding on the City's website.

Minneapolis City leaders developed the Minneapolis Economic Recovery Strategy to seek federal funding that preserves and creates jobs and makes public investments that translate into a more competitive future for the people of Minneapolis and this entire region. Over the next several months, Minneapolis will apply for federal recovery funding for a variety of critical projects and initiatives – from public safety and infrastructure to technology and building a green economy.

For more information on the Minneapolis Economic Recovery Strategy, visit www.minneapolisrecovery.us.

June 3, 2009

Published Jun 3, 2009