Bond Announces $43 Million to Help Missouri Families, Neighborhoods Hurt by the Housing Crisis
Federal Funds will Help Missourians Make Fresh Start this New Year
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January 2, 2009
“These funds will help some
Bond stressed that foreclosure doesn’t only hurt families, it also hurts communities. When one or two houses are foreclosed on in a community, the entire community is affected by lower property values, vacant homes that attract vandalism, schools and businesses that lose customers and local governments that lose tax revenue. Bond emphasized that programs like HUD’s NSP are critical to supporting these struggling neighborhoods and to stem the foreclosure crisis.
Bond was one of the first in Congress to act to address the current housing crisis. Bond introduced legislation, the Security Against Foreclosures and Education Act, to help keep families struggling with the subprime mortgage crisis stay in their homes. Bond has also led the effort to secure federal dollars for foreclosure counseling to help families stay in their homes.
As part of HUD’s NSP the State of
Also, the following Missouri PHA’s will receive federal funds as part of HUD’s FSS program:
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§ Housing Authority of
§ Housing Authority of
§ Housing Authority of the City of
§ Housing Authority of the City of
§ Housing Authority of the City of
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§ North East Community Action Corporation - $109,689
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§ Ripley County Public Housing Agency - $33,540
§ Saint Francois County PUHA - $30,909
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§ Housing Authority of the City of
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