Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty approved more than $27 million in Community Development Block Grants (CDBG) to assist Tennessee communities with infrastructure, health and safety projects, and downtown improvements.
“Community Development Block Grants help communities complete projects that lay the groundwork for future economic development opportunities,” Governor Haslam said. “I am pleased the state can partner with and assist our local communities with these improvements as we continue our work to make Tennessee the number one location in the Southeast for high quality jobs.”
“Community development is essential in growing the economy and creating a business-friendly environment,” Commissioner Hagerty said. “These grants allow communities to take steps that will ultimately encourage incumbent businesses to expand and future companies to relocate and invest in Tennessee.”
Allocation of CDBG funds is based on priorities set at local levels where community needs are best known. The CDBG program is administered in Tennessee by the Department of Economic and Community Development.