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Community Development Finance Authority asks Senate Finance for $280,000 state match to administer federal CDBG funds
Summary
The Community Development Finance Authority requested continued state match funding of $280,000 to administer federal Community Development Block Grant programs that invest approximately $19 million annually across New Hampshire municipalities.
Katie Easterly Marte, executive director of the Community Development Finance Authority (CDFA), asked the Senate Finance Committee to continue a $280,000 state match that allows the agency to administer Community Development Block Grants (CDBG) across New Hampshire.
Marte said that, with the state match, CDFA administers roughly $19 million per year in federal investment for local housing, public facilities,…
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