Section 108 Grantee Areas

Section 108 of the Housing and Community Development Act of 1974 provides for a loan guarantee component of the Community Development Block Grant (CDBG) Program. The Section 108 Loan Guarantee Program (Section 108) provides communities with a source of financing for economic development, housing rehabilitation, public facilities, and other physical development projects, including improvements to increase their resilience against natural disasters. The funds can be used by a designated public entity to undertake eligible projects, or, alternatively, can be loaned to a third party developer to undertake the projects. This flexibility makes it one of the most potent and important public investment tools that HUD offers to local governments. To learn more about the Section 108 Loan Guarantee Program visit: https://www.hudexchange.info/programs/section-108/, for questions about the spatial attribution of this dataset, please reach out to us at [e-mail]. Data Dictionary: DD_Section 108 Grantee Areas