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Monterey
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CDBG Funding for Housing and Services

Monterey

Summary

The FY 2026-27 CDBG plan directs about $215,400 to public services and prioritizes the purchase-and-resale affordable housing program, with the Midpen Madison Street affordable housing project's $1.5 million city loan as a backup use of federal dollars.

At a glance

Total mentions
1
Last 30 days
0

Last discussed May 5, 2026.

Impact analysis

💰Financial impact

$242,234 in federal entitlement plus up to $1.2 million in program income.

✅Who benefits

Low- and moderate-income residents needing housing help and social services.

Mentions & discussions (1)

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