Grant of $3.5M awarded to Montgomery for housing development on the west side

Montgomery will receive $3,581,160 in federal funds to expand its low-cost housing options.

The Biden-Harris administration has awarded Montgomery a grant of funds through the Pathways to Removing Obstacles to Housing program, which is administered by the U.S. Department of Housing and Urban Development. Out of the 21 cities selected across the nation, Montgomery is one of the recipients of this funding.

According to Mayor Steven Reed, the allocated funds will be utilized to construct energy-efficient and reasonably priced housing units. Additionally, the plan is to refurbish the currently existing homeowner units in the west Montgomery region to revitalize the area. He also emphasized that the project would offer job training and employment opportunities to the residents of west Montgomery.

In March, the city received a grant worth $36.6 million to aid in the revitalization of west Montgomery. The recent addition of money further bolsters this effort.

In a statement, Reed emphasized the importance of PRO Housing funding, stating that it offers a solution to critical housing needs while also investing in the future of the community. He explained that creating new energy-efficient affordable housing and rehabilitating existing units is a crucial step in providing essential housing in one of the more populous areas. Additionally, this initiative is a smart and green infrastructure investment that will benefit both the current and future residents of the community.

Reference Article

More News:  A second suspect has been detained in the shooting death of a Montgomery man
Avatar photo
MBS Staff

MBS Staff is a dedicated team of writers and journalists at Montgomery Business Scene, committed to delivering insightful and comprehensive coverage of the latest business trends, news, and developments in Montgomery County. With a passion for storytelling and a keen eye for detail, MBS Staff provides readers with valuable insights and expert analysis to help them stay informed and ahead in the dynamic world of business.

Articles: 8633

Leave a Reply

Your email address will not be published. Required fields are marked *