Mayor Bloomberg Announces New York City to Receive More Than $20 Million in Stimulus Funds from US Department of Housing and Urban Development for Neighborhood Stabilization

New York, NY – January 14, 2010 – (RealEstateRama) — Mayor Michael R. Bloomberg announced today that the U.S. Department of Housing and Urban Development (HUD) has awarded more than $20 million in Recovery Act funding to the New York City Department of Housing Preservation and Development under HUD’s Neighborhood Stabilization Program 2.