Eligible Recipients

Funding Limitations
While the City of Anderson receives approximately $1 million in entitlement funds for its Community Development Block Grant (CDBG), approximately $350,000 in Home Investment Partnerships Program (HOME) funds, as well as $2.1 million in Neighborhood Stabilization Program (NSP) funds addressing abandoned and foreclosed homes, there are some federal limits on the location and types of activities that can be funded.

Additionally, at least 70% of the total grant expenditure must be used for activities that benefit low-to-moderate income persons. The City of Anderson utilizes 100%.

Funding Impacts

While these activities may occur anywhere in the city where individuals and families living with low incomes would benefit, the department spends the majority of funding in neighborhoods where the greatest impact in housing can be achieved. Area-wide neighborhood projects must be undertaken in areas in which at least 51% of residents are living with low incomes.

HUD Guidelines
For direct benefit eligibility, please see the following U.S. Department of Housing and Urban Development (HUD) guidelines (Median income is $55,600):
Madison County, Indiana: FY 2013 Income Limit Category
Income Recipients
Very Low (50%) Income Limits
Extremely Low (30%) Income Limits
Low (80%) Income Limits
1 Person  $19,500
$11,700
$31,150
2 Persons $22,250
$13,400
$35,600
3 Persons  $25,050
$15,050
$40,050
4 Persons  $27,800
$16,700
$44,500
5 Persons  $30,050
$18,050
$48,100
6 Persons  $32,250
$19,400
$51,650
7 Persons  $34,500
$20,750
$55,200
8 Persons  $36,700
$22,050
$58,750

FY 2013 Income Limit Area: Madison County.