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Paramount
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CDBG/HOME Federal Grant Spending

Paramount

Summary

The city is redirecting about $77,600 from its senior enrichment program to a new Paramount Shelter Bed Program under its federal grant plan, plus rolling over leftover home improvement money.

At a glance

Total mentions
2
Last 30 days
0

Last discussed May 12, 2026.

Impact analysis

💰Financial impact

About $1.7 million in combined CDBG/HOME funds are in play; $77,594 moves from senior programs to shelter beds.

✅Who benefits

Homeless residents gain shelter beds; low-income homeowners retain the home improvement program.

⚠️Who could be affected

The senior enrichment program loses $77,594 in funding, potentially scaling back services for residents 55 and older.

Mentions & discussions (2)

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