IE Business Daily Business news for the Inland Empire.
Moreno Valley is accepting applications for grants that will help low to moderate-income residents.
City officials expects to receive about $2 million in Community Development Block Grant funds from the U.S. Department of Housing and Urban Development, according to a statement on the city’s website.
Moreno Valley also anticipates getting $745,000 in HOME Investment Partnership funding, and approximately $175,000 in Emergency Solutions Grant (ESG) funding. All of those will be spendable during the 2019-2020 fiscal year.
Block grant funding must be used to help low and moderate income residents or neighborhoods, eliminate blight, or be spent on emergencies
HOME program funds must create, retain, or rehabilitate affordable housing, while ESG funding is to be used to help homeless people or anyone who at risk of being homeless, according to the statement.
Requests for an application can be made by calling 951-413-3450 or by e-mail at [email protected].
