H.R. 8026, known as the "CDBG Modernization Act of 2024," aims to improve the way grants are allocated under the Community Development Block Grant Program. The bill instructs the Secretary of Housing and Urban Development to study and revise allocation formulas to target funds more...
Simple Explanation
The "CDBG Modernization Act of 2024" is like a big plan to make sure money for fixing up neighborhoods goes to where it's needed most. This means changing the rules on how to decide which places get the money, sort of like updating a map to be fair and checked every so often to make sure everyone's happy.