What is one major requirement for receiving Community Development Block Grant (CDBG) funds?

Receiving Community Development Block Grant (CDBG) funds requires that activities predominantly benefit low- and moderate-income individuals. This is a foundational principle of the CDBG program, aimed at improving housing, infrastructure, and economic opportunities for those who face financial hardships. The intent is to address the needs of communities with limited resources, promote better living conditions, and foster economic growth among disadvantaged populations.

The focus on low- and moderate-income individuals ensures that the funding directly supports those who are most in need, promoting social equity and opportunity in community development efforts. This requirement aligns with the overall goals of the HUD programs to create sustainable communities that provide decent housing and viable living environments for all residents, particularly marginalized groups.