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Revised Formula for Community Development Block Grants (CDBG) Funding.

This bill revises how federal Community Development Block Grant (CDBG) funds are distributed to cities and counties. The new formula heavily prioritizes poverty rates and the extent of old, substandard housing, aiming to direct more resources to the most economically distressed areas. Furthermore, the act authorizes over $3.4 billion annually for the program through 2028, adjusted for inflation.
Key points
CDBG funding allocation changes: More money will be directed to areas with high poverty and a large amount of old, poor-quality housing.
The poverty rate is weighted five times more heavily in the new formula used to divide money for local housing and infrastructure projects.
Guaranteed funding authorization of over $3.4 billion annually, adjusted for inflation, for the program from fiscal years 2025 through 2028.
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Additional Information
Print number: 118_HR_8583
Sponsor: Rep. Cohen, Steve [D-TN-9]
Process start date: 2024-05-31
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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

Community Development Block Grant Equity Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8583.

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 2024-05-31.

What are the main provisions?

Key points include:

  • CDBG funding allocation changes: More money will be directed to areas with high poverty and a large amount of old, poor-quality housing.
  • The poverty rate is weighted five times more heavily in the new formula used to divide money for local housing and infrastructure projects.
  • Guaranteed funding authorization of over $3.4 billion annually, adjusted for inflation, for the program from fiscal years 2025 through 2028.
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. Cohen, Steve [D-TN-9].

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.

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