JERSEY CITY, NJ - Hudson County and local municipalities will share $9.3 million from the first of federal stimulus monies earmarked to help deal with the economic fallout caused by COVID-19, according to a Thursday announcement by U.S. Senators Cory Booker and Robert Menendez and Rep. Albio Sires.
“When we negotiated the largest ever emergency response package in our nation’s history, we demanded that it quickly deliver federal dollars to our communities on the frontlines of the fight against COVID-19,” Menendez said, adding that the dollars will go to help the state, hospitals, residents, and small businesses “weather the storm.”
While about $1.3 million will go to the Hudson County government, Jersey City is expected to receive $3.4 million, Bayonne $925,177 and Hoboken $641,319 through the Community Development Block Grant (CDBG) program.
“Today marks the next step down a long road of delivering federal funding to respond to this crisis, stimulate economic recovery, and strengthen our communities,” Booker said, with Sires adding an assurance that the funding “represents only a first installment of federal resources coming to New Jersey to help our communities in Hudson County continue to provide essential services while responding to the COVID-19 pandemic.”
The dollars awarded through the U.S. Department of Housing and Urban Development’s (HUD) Office of Community Planning and Development is part of the $2 trillion emergency stimulus package passed in late March. The funds can be used for a variety of purposes that include development of infrastructure projects, public facilities, community centers, housing rehab, public services and other uses.
Also included in the stimulus packages were provision for residents to receive direct payments up to $1,200 for individuals earning less than $75,000 and $2,400 for couples earning less than $150,000, plus $500 per child and $10 million for forgivable loans to local small businesses to make payroll and cover mortgage interest, rent and utilities.
“This funding will aid so many in our country critically affected by the economic fallout from this pandemic,” Hudson County Executive Tom DeGise said. “Be it rental assistance, help for small business or other initiatives to support working families and the most vulnerable, it will make a huge difference.”
$2.28 million has also been awarded to Hudson County municipalities in Emergency Solutions Grants (ESG) to help fund rental assistance, eviction prevention, and anti-homelessness programs. Included in these is $602,000 for Hudson County and nearly $1.7 million for Jersey City.
Additionally, Jersey City will receive $347,820 in Housing Opportunities for Persons with AIDS (HOPWA) grants to assist low-income New Jerseyans living with HIV/AIDS.
“We are thankful for the support as these are extremely tough times, and we will need all levels of government working together to get through this,” said Jersey City Mayor Steven Fulop.
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