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Obama Administration Awards Additional $5 Million To Stabilize Alaska Neighborhoods Hard-Hit By Blight &...
Anchorage, AK - September 10, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan, U.S. Senator Mark Begich and HUD Northwest Regional Administrator Mary McBride today announced the award of an additional $5 million in funding to Alaska communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent the third round of funding of HUD's Neighborhood Stabilization Program (NSP) and will provide targeted assistance to help communities in Alaska acquire and demolish or redevelop and re-sell blighted and foreclosed properties
