Community Development Block Grants: Neighborhood Stabilization Program; Assistance to Communities Affected by Foreclosures

Boyd, Eugene ; Gonzales, Oscar R.

Library of Congress. Congressional Research Service.

关键词: Block grants;    State and local government;    Finance;    Housing;    Foreclosure;   

RP-ID  :  RS22919
RP-ID  :  RS22919_2009Mar13

美国|英语

来源: UNT Digital Library

【 摘 要 】

Report regarding the Housing and Economic Recovery Act of 2008, P.L. 110-289, which allocates federal financial aid to all state and local governments with high amounts of foreclosed homes, subprime mortgage loans, and delinquent home mortgages. The report focuses on the assistance that aids in aquiring, rehabilitating, and reselling foreclosed and abandoned homes.