Gainesville will receive $930,000 for community development and homelessness prevention in the city's first chunk of the $787 billion federal stimulus package.
The money is being allocated a month after the bill was signed into law.
"This is the first bit of money that we've actually been told 'this is yours,'" said Jeanna Mastrodicasa, a city commissioner.
The Alachua County Housing Authority will receive $370,000 for community development in Gainesville and another $560,000 for homelessness prevention, according to a U.S. Department of Housing and Development e-mail to Mayor Pegeen Hanrahan.
The money is part of $10.1 billion which was allocated by the U.S. Department of Housing and Urban Development.
The money was distributed with a population-based formula, said Lauren Poe, a city commissioner.