Florida will get almost $300 million
that could fund affordable housing
Florida stands to get $288.8 million in federal funds to purchase, manage and resell foreclosed and abandoned properties from the Housing and Economic Recovery Act of 2008, H.R. 3221, which Congress passed last week.There's a lot more to the bill than preventing foreclosures on owner-occupied homes, but that's the part you've heard about. Another important piece of the bill increases funding available to states and localities for affordable rental housing.
At the end of 2007, Florida had about 135,832 properties in foreclosure. The negative effect of these foreclosures can be felt up to a half a mile away and can depress property values for as long as five years.
Florida's share of the money will be used to restore 8,669 properties to productive use, providing affordable housing. Rehabilitating those houses is anticipated to generate 5,813 new jobs, mostly in construction but also in retail, business services and restaurants.
Read the Florida fact sheet here (from Save America's Neighborhoods).
posted by Jacqueline Dowd @ 11:51 AM
1 Comments:
I AM ABOUT TO BE HOMELESS I PAY 600 A MONTH CAN'T AFFORD UTILITIES HAVE NO JOB NO INSURANCE 67YRS OLD NO ASSETS WAS GETTING FOOD STAMPS AN MEDICAID THAT WAS PAYING MY MEDICARE I AM VERY SICK WITH HEAD AND NECK CANCER ,ARTRITIS, ETREME HYPERTENSION 2 HOSPITALS WANTED TO ADMIT ME FOR STROKE PLUS NUMEROUS OTHER MED CONTITIONS AND A LOT OF PAIN. RECENTLY SSI WHO IS MY ONLY MONEY PROVDER OD 674 A MONTH FOR SSI DISABILTY AND RETIREMENT FUND TOTAL COMBINED. WELL THEY DECIDED TO PUT ME ON SUNCAP WHICH IS A GOVERNMENT FARCE TO TIGHTEN THE BUDGET. THEY ENROLLED ME WITHOUT ASKING AND LOWERED MY FOOD STAMPS TO 14.00 A MONTH AND TOOK AWAY MY MEDICAID WHICH TOOK AWAY MY MEDICARE. I NO LONGER CAN APPLY FOR CHEMO OR RADIATION OR GET ANY OF MY MEDS INCLUDING CRUCIAL BLOOD PRESSURE PILLS. IT IS IMPOSSIBLE TO REACH SUNCAP AND CLOSE MY CASE SO TO REAPLY FOR AID. I AM GETTING THE RUN AROUND FOR MONTHS NOW AND AM ABOUT TO RESORT TO SUICIDE.
Post a Comment
<< Home