The Obama administration on Monday announced $600 million in financial support for five more states with high unemployment that have been slammed by the housing bust. Ohio got the largest share of funding, at $172 million, followed by North Carolina at $159 million and South Carolina at $138 million. Oregon and Rhode Island are due to receive $88 million and $43 million respectively. The money will be given to state housing finance agencies. They will design mortgage assistance programs that meet broad criteria provided by the Treasury Department...link
Tuesday, March 30, 2010
Gov't to give $600M in housing aid............
The Obama administration on Monday announced $600 million in financial support for five more states with high unemployment that have been slammed by the housing bust. Ohio got the largest share of funding, at $172 million, followed by North Carolina at $159 million and South Carolina at $138 million. Oregon and Rhode Island are due to receive $88 million and $43 million respectively. The money will be given to state housing finance agencies. They will design mortgage assistance programs that meet broad criteria provided by the Treasury Department...link
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment