A state grant will lead to the development of another industrial park in Houston.

The City of Houston will receive nearly $700,000 for development of an industrial park east of the chamber fairgrounds.

Houston was approved for supplemental Community Development Block Grant disaster funding in the amount $695,100. The improvements will consist of road and sewer improvements to facilitate development of a new industrial park off North U.S. 63.

The city began studying the issue after lots were filled at an industrial park on North Industrial Park.

The second location will allow additional industrial park space for business development.

Larry Sutton, Houston city administrator, said engineering work must first be completed. Ground will likely break in 2011, he said.

Funding was approved by Congress with the passage of the Consolidated Security, Disaster Assistance and Continuing Appropriations Act of 2009 (Public Law 110-329). Missouri was allocated $92,605,490 from the appropriation. A minimum of $10,372,631 must be used for affordable rental housing activities.

All projects funded must meet one of the following CDBG national objectives:

–Low-to-moderate income (LMI) benefit: at least 51 percent of the persons benefiting from the project must be of LMI status, which is defined as incomes at or below 80 percent of the county median household income. Those in the group must benefit from housing, job creation/retention or limited clientele.

–Slum and blight removal.

–Urgent threat to health and safety.

Eligible applicants are units of local government (cities and counties) located in an area receiving a presidential disaster declaration in 2008. Areas not included in at least one of these are not eligible for this funding.

 

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