Princeton To Discuss CARES Act Funding In Next Public Meeting

PRINCETON, NJ — Princeton will be holding a virtual public hearing on Sep. 29 to discuss the Community Development Block Grant Program.

The United States Department of Housing and Urban Development (HUD) recently announced that Princeton will receive $242,985 for 2020, and an additional $333,924 from the CARES Act to respond to the COVID-19 pandemic. The town said it was informed only recently of its eligibility to become a Community Development Block Grant Program Entitlement Community.

Funds from the program will be utilized to provide housing and expand economic opportunities primarily for low and moderate income individuals. The town is holding a series of public hearings to discuss use of the funding.

The municipality drafted a plan describing the specific activities, programs, and projects being considered for funding using resources made available from the HUD.

Princeton will hold a public hearing to receive feedback from residents and stakeholders on this draft plan on Sep. 29, at 3 p.m. The meeting will be held virtually. Residents can express their views at the meeting or email their question to mfullaway@princetonnj.gov or via US Mail to Maureen Fullaway, Princeton Affordable Housing, 1 Monument Drive, Princeton, NJ 08540.

The council will then meet on Sep. 30 to consider the plan and any comments received during the public hearing. They will adopt a resolution and authorize its submission to the U.S. Department of Housing & Urban Development on or before October 2.

Here are the meeting details:

https://zoom.us/join Meeting ID: 811 9583 8570; Passcode: 704421

Residents may also participate by phone by calling:

(646) 558-8656; Meeting ID: 811 9583 8570; Passcode: 704421