Financing improvements to rental properties has borne a new challenge for local rehabilitation programs. In most lower-income communities. there is a mixture of owneroccupied and rental housing, and public resources must be directed to each ownership type to have an impact in "turning around" marginal neighborhoods.

A key and growing source of public funds for rental rehabilitation finance has been the Community Development Block Grant (CDBG)program. Since the mid-Seventies, HUD has been actively encouraging local governments to increase their use of CDBG funds for the rehabilitation of rental properties. And since 1981, HUD has been working intensively with localities and states which haw committed public funds to the Rental Rehabilitation Demonstration Program. engaging consultants to deliver direct assistance and to conduct training workshops for program operators.

This report is part of the collection of scanned historical documents available to the public.