Finance
What is the Community Development Block Grant (CDBG) program and how does it affect Ohio real estate?
AA grant for individual homebuyers
BFederal HUD grants to Ohio communities for housing, economic development, and infrastructure benefiting low-to-moderate income persons✓ Correct
CA commercial loan program
DA mortgage insurance program
Explanation
CDBG provides HUD grants to states and local governments for community development activities (housing rehabilitation, infrastructure, economic development) primarily benefiting low-to-moderate income persons. These programs affect real estate development and property values in target areas.
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