Community Development Grant Funds Emerge as Housing Incentive Lever in New Law, Realtor.com® Report Finds
Realtor.com released a report analyzing the 21st Century ROAD to Housing Act, examining how Community Development Block Grant payouts might influence local housing policy. The study concludes that while smaller post-industrial cities could see significant impacts, the financial stakes for large cities are modest, with a median potential penalty of about $84,000 against total city budgets.
Key figures
- Nyc cdbg award
- 169300000
- Chicago cdbg award
- 75100000
- Los angeles cdbg award
- 50200000
- Median potential penalty
- 84000
- National median cdbg grant
- 839525
- National new construction share
- 17.9%
- Median city cdbg share of revenue
- 0.33%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.