Hud Funds Fight Foreclosure Blight

Summary


A newly approved HUD program will give San Gabriel Valley cities the chance to apply for federal funds to fix up and sell foreclosed properties within their boundaries.

On Monday, U.S. Housing and Urban Development Secretary Steve Preston allocated a total of $3.92 billion to all states and hard- hit areas trying to respond to the effects of high foreclosures.

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Extract


Hud Funds Fight Foreclosure Blight

The Neighborhood Stabilization Program targets some Southern California communities with specific dollar allocations, including Fontana ($6 ...

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