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Modernizing Community Development Grants: Fairer Funding Formulas for Local Needs.

This Act mandates a complete overhaul of how federal Community Development Block Grant (CDBG) funds are distributed to cities and counties. The goal is to ensure that this money is allocated based on actual community development needs, rather than outdated metrics like the age of housing, which caused funding inequities. Citizens should see local governments receiving resources better tailored to their real needs for infrastructure, housing, and services.
Key points
Requires the Department of Housing (HUD) to develop new, fairer formulas for allocating federal CDBG funds within 12 months.
Eliminates the "age of housing" factor from the funding calculation, which was identified as contributing to unequal distribution of resources.
New funding rules will be phased in over 5 years to allow local governments to adjust their budgets smoothly.
Mandates a review and update of the allocation formulas every 10 years to ensure funding remains targeted to changing local needs.
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Expired
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Additional Information
Print number: 118_HR_8026
Sponsor: Rep. Kustoff, David [R-TN-8]
Process start date: 2024-04-16
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

CDBG Modernization Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8026.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-04-16.

What are the main provisions?

Key points include:

  • Requires the Department of Housing (HUD) to develop new, fairer formulas for allocating federal CDBG funds within 12 months.
  • Eliminates the "age of housing" factor from the funding calculation, which was identified as contributing to unequal distribution of resources.
  • New funding rules will be phased in over 5 years to allow local governments to adjust their budgets smoothly.
  • Mandates a review and update of the allocation formulas every 10 years to ensure funding remains targeted to changing local needs.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Kustoff, David [R-TN-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Public Investments Local Government Real Estate