The Community Development Block Grant (CDBG) Program is a federal program run by the United States Department of Housing and Urban Development (HUD). CDBG grants are provided to state and local governments for the purpose of addressing community needs such as affordable housing, job creation, and retention and expansion of business activity. Grants are available for projects lasting from one to three years. Seventy percent of the funding must be used for the benefit of low and moderate income individuals. Ventures funded by CDBG must also further one of the national goals of the CDBG Program, described below.