Johnson Announces Rapid City to Receive $488,747 in Community Development Block Grants

-

Washington, DC – August 7, 2008 – (RealEstateRama) — U.S. Senator Tim Johnson (D-SD) announced today that Rapid City will receive a $488,747 Community Development Block Grant (CDBG). The CDBG program funds housing and economic development projects.

“This funding is crucial for economic development in South Dakota communities. I will continue to work to fund CDBG through my seat of the Appropriation Committee,” Johnson said. “My Hometown Prosperity Plan calls for increased investments in the public good, and this funding is a wonderful example of that kind of investment.”

As a member of the powerful Senate Appropriations Committee, Johnson has fought for the funding for this program year after year. CDBG funds have been used in previous years to upgrade local drinking water infrastructure, renovate low-income housing, construct fire halls, and fund medical clinics and libraries.

In recent years, the President has repeatedly proposed to slashing CDBG fund. Senator Johnson has consistently joined with bipartisan groups of Senators in rejecting the worst of these proposed cuts. For Fiscal Year 2009, the President has proposed to cut the CDBG program to $2.9 billion from its Fiscal Year 2008 level of $3.6 billion. Johnson has again committed to defend the CDBG program because of the significant impact it has on projects pivotal to local communities and their plans for growth.

The Hometown Prosperity Plan is a four-pillar agenda for advancing South Dakota’s economy from the federal level. The four pillars, or strategies, include “Promoting Partnerships,” “Emphasizing Entrepreneurship,” “Investing in the Public Good,” and “Protecting Pocketbooks.” The full plan includes specific actions related to each strategy and can be downloaded from http://johnson.senate.gov.

###

For more information on Senator Tim Johnson visit his website at http://johnson.senate.gov. To contact Senator Johnson’s communications office via e-mail, write his Communications Director at Julianne_Fisher (at) Johnson.Senate (dot) gov or his Deputy Communications Director at Megan_Smith (at) Johnson.Senate (dot) gov

Contact: Julianne Fisher, 202-224-1638

SHARE
Avatar

South Dakota RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for South Dakota Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of South Dakota.

Contact:

Previous articleGrant provides counseling to South Dakota homeowners in danger of foreclosure
Next articleJohnson Announces Funding for Neighborhood Housing Services of the Black Hills