Creation of the CDBG program (1974)
President Gerald Ford signed the Housing and Community Development Act of 1974, folding several narrow categorical grant programs into one formula-based block grant. HUD distributed funds to cities based on population, poverty, and housing conditions rather than project-by-project applications.
Cities gained predictable annual funding streams with local discretion over spending.
The program has operated continuously for more than five decades, making it one of the federal government's most durable community development tools.
The September 2026 obligation is one annual installment of the same formula-based pipeline the 1974 act created.
