Menendez, Booker Announce $1 Million Federal Grant To Help With Affordable Housing In Lakewood

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New Jersey Senators Bob Menendez and Cory Booker announced on Friday a grant of $1,047,682 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) Office of Community Planning and Development (CPD) for Lakewood.

CPD grants help build up communities, redevelop neighborhoods, and expand access to affordable housing, services for low-income families, and homelessness prevention programs.

“As a former mayor, I recognize the importance of investing in our communities, spurring economic developments and job creation and providing residents with safe, affordable housing and services that low-income individuals and families rely on to overcome obstacles and fulfill their potential,” Menendez, the ranking member of the Senate Subcommittee on Housing, Transportation, and Community Development, said.

“While this administration works to eliminate vital housing and community development programs, I will continue to fight for these critical federal investments to ensure New Jersey’s communities can provide and expand economic opportunities for their residents.”

“During my time as a housing advocate and later as the Mayor of Newark, I saw firsthand the challenges that families face when trying to find a decent place to live, and how access to safe and affordable housing can transform people’s lives,” Booker added.

“Federal investments like these are crucial to lifting up our communities and creating long-lasting change for all New Jerseyans.”

The funding announced Friday consists of four specific grant opportunities: The Community Development Block (CDBG) Grant, the Emergency Solutions Grant (ESG), the HOME Investment Partnership (HOME) and the Housing Opportunities for Persons with AIDS (HOPWA) program.

Other local communities which received grants include Howell ($182,923), Jackson ($177,384) and Toms River ($373,151)

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