1980s Federal UDAG Program: Did It Help Gloucester City?

William E. Cleary Sr. | CNBNews

The Urban Development Action Grant program was introduced to Gloucester City residents in 1984. People living near the marine terminal at the time were against the idea from the very start. Several public meetings hosted by the mayor and council were held beginning in 1984. At those meetings, residents spoke about why they were against the expansion of that facility. At the time the Holt Family was just beginning to build their monstrous facility.

Gloucester City News article written by William E. Cleary Sr., published October 10, 1985

That program was promoted in 1978 by President Jimmy Carter. The purpose was to help distressed cities attract private investment, create jobs, and redevelop blighted industrial or commercial areas. UDAGs were awarded competitively and required substantial private‑sector participation. HUD’s regulations describe the program’s core mission as assisting cities facing severe economic distress by stimulating economic activity needed for recovery. 

The public’s objections included:

Continue reading “THE HOLT FILES: PART TWO” →