What Does CDBG Stand For?
CDBG stands for Community Development Block Grants
CDBG, or Community Development Block Grants, are federal funds awarded to local and state governments to support development initiatives that benefit low- and moderate-income communities. These grants facilitate a wide range of activities, including affordable housing projects, infrastructure improvements, public services, and economic development efforts. The goal of CDBG is to empower communities to address their specific needs and enhance their overall quality of life.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym