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Explore the 2023-2024 CDBG budget for the City of Sumter, detailing allocations for essential community development projects targeting low-to-moderate income residents.

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What is cdbg budget?

The CDBG budget refers to the funding allocated under the Community Development Block Grant program, which provides federal grants to local governments for various community development projects.

Who is required to file cdbg budget?

Entities that receive CDBG funding, including local governments and certain organizations managing the funds, are required to file a CDBG budget.

How to fill out cdbg budget?

To fill out a CDBG budget, grantees need to provide detailed financial information regarding projected expenditures, sources of funds, and a breakdown of how the money will be used in accordance with regulatory requirements.

What is the purpose of cdbg budget?

The purpose of the CDBG budget is to outline how federal funds will be allocated to address community development needs, promote economic development, and improve the quality of life for low- and moderate-income populations.

What information must be reported on cdbg budget?

A CDBG budget must report information such as project descriptions, funding amounts for each activity, expected outcomes, timelines, and how the projects serve the community's development needs.

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