The City of New Albany requested the release of nearly $1.5 million in Community Development Block Grant funds from the federal government last week.
If awarded, the city will use the money toward removing dilapidated housing, rehabbing neighborhoods and property acquisition.
Carl Malysz, deputy mayor and director of community development for the city, expects New Albany will get the go ahead from the U.S. Department of Housing and Urban Development, which oversees the CDBG program.
But he added that “you can’t guarantee it.”
Each year, New Albany prepares a CDBG plan and submits it to HUD for approval. The funding is aimed to benefit low-to-moderate-income areas of a city or county.
Among the items, the latest request by the city would provide $75,000 for removing dilapidated housing, $600,000 for Charlestown Road improvements and more than $300,000 for neighborhood stabilization efforts.
Floyd County
June 24, 2009
New Albany submits request for razing buildings, neighborhood stabilization
- Floyd County
-
- Meth lab numbers increase sharply in 2011
-
Fun for the whole family
- Georgetown man facing drug charges
-
New Albany man accused of ‘sexting’ 11-year-old
- Crowded slate set for May primary
- Winter weather advisory issued for Southern Indiana
-
New Albany City Council will be asked to clarify audit issue over sewer rates
Several members from the audience also questioned other financial matters of the city, and whether the council was aware that Gibson received health insurance as city attorney under England though it had been stated by the previous administration his contract did not include medical benefits.
- News and Tribune briefs for Feb. 10, 2012
-
First Savings buys bank branches
The move will increase First Savings’ market share in Harrison County to about 31 percent and up the bank’s presence in Floyd County.
-
Free falling: CCE demolishes former New Albany business at no charge
- More Floyd County Headlines
