The City of Waterloo, acting through its Community Development Board, is now accepting proposals for the use of Community Development Block Grant (CDBG) and HOME Program funds for FY2019. Written proposals must be submitted to Rudy D. Jones, Community Development Director, Waterloo Community Development Board, 620 Mulberry Street, Waterloo, Iowa 50703, using the required application form and received no later than 12:00 p.m. (Noon) on December 30, 2017.
A public hearing will be held on January 9, 2018, at 5:00 p.m. to receive additional comments for the proposed One-Year Action Plan.
Block Grant and HOME Program funds are made available to the City of Waterloo by the U.S. Department of Housing and Urban Development. These programs give priority to activities which benefit low- and moderate-income families, aid in the prevention or elimination of slums or blight, meet other Community Development needs having a particular urgency, or provide affordable housing.
We strongly encourage citizen participation in this planning process. For more details contact the Community Development office at 319-291-4429.
$1,500 Closing Cost Assistance Grant Available with Conventional Financing.
Eligible home buyers using conventional financing may now benefit from $1,500 in closing cost assistance.
The closing cost assistance is available for a limited time only and is expected to assist approximately 230 home buyers.
Mission Statement- Whereas, the primary goal of the Housing and Urban Development Community Development Block Grant Program is to:
"Assist in the development of a viable community by providing decent housing and a suitable living environment principally for person of low- and moderate-income, and also to assist in providing expanded economic development opportunities. Maximum priority is to be given to activities benefiting low- and moderate-income persons, or aiding in the prevention or elimination of slums and blight, or to meet other Community Development needs having a particular urgency."The mission of the Waterloo Community Development Board is to seek, through the administration of the Department of Housing and Urban Development Community Development Block Grant Program, other federally funded programs and other funding, the development of a viable community by assisting in the provision of decent, safe housing in a suitable living environment; expanded employment opportunities through economic development activities; to aid in the prevention or elimination of slum and blighted areas within the City; and to meet other urgent Community Development needs. Further, the Waterloo Community Development Board will coordinate with local officials and other agencies and funding sources to make the most of our resources. All such activities shall be intended primarily to benefit low- and moderate-income persons and families.
Adopted by the Board 7/21/1994
Over the past five years Community Development has administered Federal Assistance funds of $5,812,636 in CDBG funds and $2,361,480 in HOME funds.
Rudy D. Jones, Director
Waterloo Community Development Office
620 Mulberry St, Suite 202
Waterloo, IA 50703
Phone: (319) 291-4429
Fax: (319) 291-4431
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