Quote of the Day
"The U.S. economy expanded at a faster clip than initially forecast in the third quarter, helped by more robust consumer spending and by stronger exports. The economy grew at a 2.5% annualized pace in the quarter, revised up from the initial estimate of 2.0%, the government said in its second estimate of quarterly gross domestic product. GDP growth was 1.7% during the second quarter.”
- Wall Street Journal’s MarketWatch, 11/23/2010
For Release: Friday, April 16, 2010
Contact: David Gillies: 202-225-5661
COSTELLO ANNOUNCES HUD GRANTS FOR EAST ST. LOUIS
WASHINGTON - U.S. Congressman Jerry Costello (D-IL) announced today that the City of East St. Louis has been awarded formula grants from the U.S. Department of Housing and Urban Development (HUD). The funds will be used to expand the supply of affordable housing and improve the quality and number of emergency homeless shelters.
“Housing assistance improves quality of life and moves people toward self-sufficiency,” Costello said. “I will continue to support these programs.”
The grants include:
| Community Development Block Grant | $1,972,107 |
| HOME Investment Partnerships | $424,413 |
| Emergency Shelter Grants | $80,011 |
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