Bingaman: Las Cruces Awarded $1.5 Million to Support Affordable Housing & Economic Opportunities

WASHINGTON, DC – July 13, 2010 – (RealEstateRama) — U.S. Senator Jeff Bingaman today announced that Las Cruces has been awarded over $1.5 million through the U.S. Department of Housing and Urban Development.

Las Cruces will receive $1.09 million through HUD’s Community Development Block Grant (CDBG), which helps provide low-income families with affordable housing and a suitable living environment, and by expanding economic opportunities in the community.  Las Cruces was also awarded $535,181 through HUD’s HOME Grant program, which helps supply decent, affordable housing for low-income families by providing grants to fund housing programs that meet local needs and priorities.

“These grants are important investments in Las Cruces, both to improve housing for low-income residents and to expand economic opportunities,” Bingaman said.