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Marion County will receive stimulus funds through both the
Housing and Economic Recovery Act of 2008 (HERA) and the
American Recovery and Reinvestment Act of 2009 (ARRA).
The
Neighborhood Stabilization Program
(NSP) was authorized through the Housing and Economic
Recovery Act of 2008. Marion County will receive a one-time
grant of $6,324,055 to provide targeted emergency assistance to
acquire and redevelop foreclosed properties that might otherwise
become sources of abandonment and blight within their
communities.
The Homeless Prevention and Rapid
Re-housing Program (HPRP) was authorized through the
American Recovery and Reinvestment Act of 2009. Marion County
will receive a one-time grant of $727,072 to provide financial
assistance and services to either prevent individuals and
families from becoming homeless or to help those who are
experiencing homelessness to be quickly re-housed and
stabilized.
A special additional allocation of
Community Development Block Grant funds (CDBG-R) was
authorized through the American Recovery and Reinvestment Act of
2009. Marion County will receive an additional $475,454 in CDBG
funds to carry out,
on an expedited basis, eligible
activities under the CDBG program.
For complete information on any of these programs, click on the
link above.
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