Youngstown, Warren awarded more than $6M in grants for economic development

Youngstown and Warren have been awarded federal grants through the U.S. Department of Housing and Urban Development’s Office of Community Planning and Development for economic development.

Youngstown was awarded a $3.4 million Community Development Block Grant, a $785,215 HOME Investment Partnerships Grant and a $300,435 Emergency Solutions Grant. Warren was awarded a $1.2 million Community Development Block Grant and a $788,217 HOME Investment Partnerships Grant.

“These investments will be critical to lifting low-income families out of poverty and ensuring working families can achieve economic stability,” U.S. Rep. Tim Ryan of Howland, D-13th, said in a news release. “Across Ohio, our cities need the private investment that can only be unlocked through strong public investment that upgrades our infrastructure and incentivizes growth.”

The Community Development Block Grant Program provides funding to states, cities and counties to develop viable urban and rural communities by providing housing and a suitable living environment, and by expanding economic opportunities, mainly for low- and moderate-income residents.

The HOME Investment Partnerships Program provides funding to states and localities to fund a variety of activities including building, buying and/or rehabilitating affordable housing for rent or homeownership, or providing direct rental assistance to low-income residents.

The Emergency Solutions Grants Program provides funding to assist people experiencing a housing crisis and/or homelessness.