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Primary funding
for housing and community development activities comes from
the federal Department of Housing and Urban Development
(HUD) and the Redding Redevelopment Agency's (RRA) 20% Housing
Set-A-Side. As an entitlement community, Redding is not
only charged with developing its own programs and funding
priorities, but must also give priority to activities which
benefit low and moderate-income persons.
A short overview
of the City's HCD funding resources is highlighted below.
Community
Development Block Grant Program (CDBG):
To facilitate decent housing, suitable living environment,
and economic opportunities for persons of low- and moderate
income.
Home Investment
Partnerships Program (HOME):
To strengthen public/private partnerships and to expand
the supply of decent, safe, sanitary and affordable housing
with primary attention to rental housing for very low-income
and low-income families.
Redding Redevelopment
Agency Housing Set-a-Side:
To improve living conditions for low- and moderate-income
households; prevent or eliminate blight related to deteriorated
residential structures; create home ownership opportunities;
and to improve and preserve existing residential neighborhoods.
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