Funds Downtown Revitalization, Affordable Housing Rehabilitation and Programs for Seniors, Veterans and Youth
Nassau County Executive Edward P. Mangano announced today that the Town of Oyster Bay will receive more than $1 million in Federal Community Development Block Grant (CDBG) funds for streetscape projects throughout the town, senior and youth programs, services for veterans and counseling assistance.
The Nassau County Office of Community Development receives a direct allocation of CDBG funds from the U.S. Department of Housing and Urban Development (HUD). Approximately 80% of the County’s funds are distributed to participating local municipalities for revitalization projects, infrastructure improvements, public service initiatives, parks and playground enhancements, code enforcement and providing access to the disabled.
“My administration is proud to partner with Supervisor Venditto in supporting programs that maintain our suburban quality of life in Nassau County,” said County Executive Mangano. “These community improvement funds are vital when it comes to improving downtown business districts with streetscaping projects, rehabilitating affordable housing and maintaining successful neighborhood programs for our seniors, veterans and youth.”
Grant funds may also be used to rehabilitate eligible homes, and for anti-poverty housing initiatives. Communities, which are encouraged to develop their own programs, must promote the national CDBG objectives to give the highest funding priority to activities benefitting low/moderate income persons and the elimination or prevention of slums and blight.
The $1,025,772 awarded by County Executive Mangano to the Town of Oyster Bay will be used for a broad range of projects, including:
“The Town of Oyster Bay is grateful for the dedicated efforts of County Executive Mangano and his securing this Community Development Block Grant on behalf of our residents,” Town Supervisor John Venditto said. “These funds will help some of our most important programs to continue to flourish. It is through grants such as these that the Town is able to maintain such a high quality of life, which we believe to be our most precious resource.”
Funds will be reimbursed as projects are completed, which should be over the course of the next three to four years.