HUD TO MAKE $25 MILLION IN GRANTS AVAILABLE TO PROMOTE AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN RURAL COMMUNITIES

WASHINGTON, DC – December 2, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced that $25 million in grants is available to help rural and tribal communities struggling to address distressed housing conditions and concentrated poverty. In a speech to the Housing Assistance Council in Washington, HUD Secretary Shaun Donovan said HUD’s new


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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