Westlake Village looks again at affordable housing

Acorn Staff Writer

In the past, the city of Westlake Village has chosen to sell off its Community Development Block Grant (CDBG) funds to other cities for 50 or 60 cents on the dollar because it needed the money.
The CDBG program is administered by the U.S. Department of Housing and Urban Development (HUD) and provides annual grants on a formula basis to entitled cities and counties to develop viably by providing decent housing, a suitable living environment and by expanding economic opportunities...

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