NSP Funding Gets “Compromised”
Posted by Matthew Brian Hersh on February 6, 2009
While Senate Democrats and Republicans were looking to compromise on what is now a trimmed-down, $780 billion stimulus package, it looks like some key progressive measures have been, well, compromised.
$2.25 billion in Neighborhood Stabilization Program funds—money that would have been used to help cities and counties buy vacant, foreclosed properties has been eliminated, according to the National Housing Conference, as well as $1.2 billion in funding to “energy retrofit” project-based Section 8 housing.
More to come…
National Housing Institute
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