This template uses Formula B for CDBG allocation: Population Lag, Households Built Before 1940, & People in Poverty. HUD qualified census tracts are applied.
HUD bases CDBG allocations on two formulas, Formula A and Formula B, which rely on five variables specified by Section 5306 of the Housing and Community Development Act: population, people in poverty, overcrowded households, housing units built before 1940, and population growth lag.
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