Grant for Powderly Housing Project

News Release: From: Governors Office Governor Approves Grant for Powderly Housing Project FRANKFORT, KY (June 10, 2008) – Gov. Steve Beshear, in conjunction with the Governor’s Office for Local Development (GOLD), has announced the approval of a $1,000,000 Community Development Block Grant (CDBG) for a scattered site housing project targeting low income, disabled, and elderly homeowners in the city of Powderly. The scope of the project includes the clearance and reconstruction of at least 12 Low and Moderate Income (LMI) owner-occupied structures. All of the selected sites have been inspected and determined to be deteriorated beyond repair. The rehabilitation projects will address multiple safety and health hazards including unstable or failing foundations. Two units are currently not connected to the public sewer system. Upon completion, three of the homes will be completely handicap accessible for disabled residents. The dilapidated units will be demolished and reconstructed on their existing properties. The city will provide homeownership counseling and offer temporary housing for displaced residents during the rehabilitation process. Kentucky’s U. S. Congressional leaders’ continued support of the CDBG program has made the funding available nationally as well as within the commonwealth. The state’s CDBG program is managed by GOLD and funded through the U.S. Department of Housing and Urban Development (HUD). Approved grants are used to assist counties and cities in revitalizing neighborhoods, expanding affordable housing and economic opportunities, providing infrastructure and/or improving community facilities and services.