STIMUL-NATION

Just one week and one day after the President signed the stimulus bill, HUD announced how it planned to allocate some $10.1 billion in funds provided under the bill to help finance housing through the Low Income Housing Tax Credit, to modernize and upgrade public housing, to provide emergency shelter, to further reduce lead hazards in the nation’s housing stock and to help local governments through the Community Development Block Grant program and tribes through the Indian Housing Block Grant move forward with shovel-ready projects.  All told, the states of Alaska, Idaho, Washington and Oregon will receive more than $325 million of the funds. Want to know more about the what’s and where’s of how the funds will be spent?  Visit the Newsroom at www.hud.gov/alaska or www.hud.gov/idaho or www.hud.gov/oregon or www.hud.gov/washington.

This entry was posted on Thursday, May 21st, 2009 at 9:23 pm and is filed under goverment.