With a 2014 population of 55,417, the City of Margate is an entitlement Grantee of the U.S. Department of Housing and Urban Development (HUD), a designation it has held since 1998.
The achievement of Entitlement status enables the City to receive funds directly from HUD, whereas communities having less than 50,000 share portions given to Broward County. Each entitlement community develops their own programs and funding priorities. Funds received by the City come from the HUD Community Development Block Grant (CDBG) Program, and include Home Rehabilitation Funds and the Neighborhood Stabilization Program (NSP) Funds. The NSP funding assists the City in stabilizing distressed neighborhoods by acquiring and rehabilitating abandoned and foreclosed homes.
The City of Margate also receives other funding opportunities by way of partnerships. The City continues to be a member of the Broward County HOME Consortium, allowing a distribution of federal funds to be received through the County for home rehabilitation projects. The State of Florida manages and distributes annual allocations of State Housing Initiative Partnership (SHIP) funds to the City for home rehabilitations projects as well.
Leveraging these networks of funding sources helps address housing quality standards for lower income owner-occupied residences.
This program is being administered by the City of Margate Economic Development Department. If you have questions, please contact Economic Development at (954) 935-5331 or email@example.com