HUD APPROVES DEMOLITION FOR UNSAFE LAKE MONROE TERRACE, PROTECTS RESIDENTS WITH VOUCHERS

WASHINGTON, DC – September 22, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development announced today that it has approved the demolition of 100 sub-standard public housing units at the Lake Monroe Terrace public housing development in Sanford, Fla. and approved the Sanford Housing Authority’s (SHA) request for 86 rental assistance vouchers for current residents. The vouchers will give these families an opportunity to find long-term housing in a safe and habitable home