07.15.05

Senator Richard Burr Announces $1.3 Million in Grants for High Point

Funds to expand affordable housing opportunities

Senator Richard Burr today announced two United States Department of Housing and Urban Development (HUD) grants worth a total of $1,363,623 for High Point. These funds will promote home ownership among low-income and minority households.

"These funds will help make owning a home a reality for more North Carolinians," said Senator Burr.

High Point will receive a Community Development Block Grant of $879,430 to expand home ownership in urban communities by broadening economic opportunities for low-income persons. HUD will also provide High Point assistance through a grant of $484,193 to help expand the availability of affordable housing to low and very low-income families by funding State and local housing initiatives.