Written by Jill Claybour, acting director of the City's Community Development Administration:
Good news! The City will be getting nearly $3.5 million more in Neighborhood Stabilization Program funding from HUD to help rehab vacant properties in city neighborhoods hardest hit by foreclosure. Thanks to earlier funding from HUD, over 80 foreclosed properties have been acquired, and some dollars are available for rehab. The new money means that many more of the properties can be brought back to life as quality homes for City residents. All NSP-rehabbed homes will meet Energy Star standards, lowering monthly housing costs for qualified buyers.