Assistance Listing 14.248
Community Development Block Grants Section 108 Loan Guarantees
HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF · Assistant Secretary for Community Planning and Development
Assistance Listing 14.248, “Community Development Block Grants Section 108 Loan Guarantees,” is a federal program administered by HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF. It provides loan guarantee assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing. The agency reported $1.82M in obligations for fiscal year 2025.
Program objective
To provide communities with a source of financing for economic development, housing rehabilitation, public facilities, and large scale physical development projects.
As published in the SAM.gov Assistance Listing.
Current opportunities under 14.248
No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.
Eligible applicants (program level)
- County Government (inclusive of boroughs in Alaska, parishes and other governmental entities with geographic regional control and authority)
- Local
- State
- Tribal
- Municipality or Township government (inclusive of cities, towns, boroughs (except in Alaska), and villages)
Eligible Applicants include: metropolitan cities and urban counties, i.e., CDBG entitlement recipients; nonentitlement communities that are assisted in their submission of applications by States that administer the CDBG program; nonentitlement communities eligible to receive CDBG funds under the HUD-Administered Small Cities CDBG program; and Insular Areas (American Samoa, Guam, Northern Mariana Islands, and the Virgin Islands). The public entity may be the borrower or it may designate a public agency to be the borrower. Furthermore, HUD's FY 2018 and FY 2019 appropriations acts continue HUD's authority to provide loan guarantees to States borrowing on behalf of local governments in nonentitlement areas.
Intended beneficiaries: Local, County Government (inclusive of boroughs in Alaska, parishes and other governmental entities with geographic regional control and authority), State, Municipality or Township government (inclusive of cities, towns, boroughs (except in Alaska), and villages), Other Local Government Consortium, Regional Organization (Intrastate), or Other Local Government Combination and Territorial.
Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.
Reported obligations by fiscal year
Historical data · not a predictionRange and average of financial assistance (from the listing): In FY 2024, commitments were issued in amounts ranging from $3,916,000 to $8,081,000. The average commitment amount was $5,961,250.
Source: SAM.gov Assistance Listing 14.248. Hatched bars are agency estimates. These totals do not indicate approval rates.Frequently asked questions
What is ALN 14.248?
14.248 is the Assistance Listing Number for “Community Development Block Grants Section 108 Loan Guarantees.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.
Who can apply under ALN 14.248?
The SAM.gov listing names these applicant types: County Government (inclusive of boroughs in Alaska, parishes and other governmental entities with geographic regional control and authority), Local, State, Tribal and Municipality or Township government (inclusive of cities, towns, boroughs (except in Alaska), and villages). Each funding notice under the program sets its own eligibility, so check the specific opportunity.
How much funding does 14.248 provide?
The agency reported $1,823,409 in obligations for FY2025 in the SAM.gov Assistance Listing. These are program-wide totals reported by the agency, not a prediction of future awards.