If you've been on Ebay you'll no doubt find some bargains, including this three bedroom Flint home for $600 bucks. Today Flint Congressman Dale Kildee announced a $2.8 million HUD grant. Quick number crunching means that could buy 4,666 of these homes!
Here's the press release:
Kildee Announces Nearly $2.8 Million in Housing Grants for Genesee County
CDBG and Home grants will help revitalize neighborhoods, expand affordable housing
WASHINGTON, D.C. - Congressman Dale E. Kildee (D-MI) today announced $2,764,797 in funding for Genesee County through the Department of Housing and Urban Development (HUD). The County has been awarded $1,925,896 in Community Development Block Grants (CDBG) and $838,901 in HOME grants, both of which work primarily to provide decent housing to low income individuals. “This is very good news for our area and for families in Genesee County. This funding will help revitalize our communities and ensure that families, regardless of income, are able to obtain decent, affordable housing,” said Congressman Kildee. The HOME program funds a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent or homeownership or provide direct rental assistance to low-income people. CDBG funds a wide range of programs, focusing primarily on the rehabilitation of affordable housing and the construction and improvement of public facilities. These projects also provide economic opportunities for local residents.
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