works to revitalize urban neighborhoods and strengthen the local economy. develops and administers the city's annual community development block grant application to address community needs in the areas of housing, community facilities, and economic development administers various loan programs and industrial park lease. funds programs to benefit low-to-moderate income people, including economic development loans to businesses in exchange for creating new jobs, financing for housing development and rehabilitation to house low-to-moderate income people grants to improve infrastructure in exchange for public service