28.10.2008 - $4 billion in foreclosure grants coming
From Inman.com: A spreadsheet that shows the prevalence of subprime lending and delinquency and foreclosure rates in more than 1,000 housing markets could provide an indication of where nearly $4 billion in federal grants will be spent to help state and local governments buy foreclosed and abandoned homes. The spreadsheet, produced by researchers at the Local Initiatives Support Corp. (LISC), is intended to help local officials assess needs within states that were allocated funds at the end of September..... Full Article: Source
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