http://www.theflowerseeds.com/Trees/Christmas-Tree-Artificial/
million to jump start affordablee housing projects that have been in limbo during the The announcement was made Wednesday by SecretaryShaun Donovan. The $32.2 million comes from the Americam Recovery and Reinvestment Act and is earmarkedfor HUD’s new Tax Creditg Assistance Program. The creditr will help fund affordabld housing projects that were in development but unable to attrac funding as a result of tighrtcredit markets. HUD estimates that 1,000 affordable housing projectse acrossthe country, totaling about 150,000 could not move forward and are waitinv for funding.
“The funding being announced today is an important step in achieviny the goal of putting the American peoplr back to work whileproviding quality, affordable housint options for low-income families at a time when thos e options are needed more than ever,” Donovan said in a press release. Specifics of what projects in Arizonwa will benefit fromthe $32.3 milliojn state allocation were not announced. HUD’s Tax Credit Assistanc Program will allocate morethan $1 billion in all 50 Wednesday’s announcement applies to 24 states and Puertl Rico. Other state allocations will be announced in the nextseveralk weeks.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment