News & Notes

HUD NSP 2 Funds Awareness

January 20, 2010

Please read this notice from Safeguard Properties regarding U.S. Housing and Urban Development (HUD) awarding $2 billion in Recovery Act funding to states, local governments and non-profit housing developers--including those here in Cleveland.

Under HUD's Neighborhood Stabilization Program (NSP) the funds will spur economic development in hard-hit communities and create jobs. This link to Safeguard Propertieswill provide you with a press release from the White House, a list of awardees, Frequently Asked Question, and media articles from metropolitan markets discussing their respective allocations.

Here is the link to the Plain Dealer discussing how funds will be used in Cleveland.

categories: In the community, In the media