The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development needs. Authorized under Title 1 of the Housing and Planning and Development Act of 1974, the CDBG program is one of the longest continuously running programs at the U.S. Department of Housing & Urban Development (HUD).
The Home Investment Partnership Program (HOME) is the largest Federal block grant to State and Local governments designed exclusively to create affordable housing for low income households. HOME is authorized under Title II of the Cranston-Gonzalez National Affordable Housing Act, as amended. Program regulations are at 24 CFR Part 92.
The Neighborhood Stabilization Program (NSP) was established for the purpose of stabilizing communities that have suffered from foreclosures and abandonment. Through the purchase and redevelopment of foreclosed and abandoned homes and residential properties, the goal of the program is being realized.