For Release: Wednesday, October 15, 2008
Contact: David Gillies: 202-225-5661
Washington -U.S. Congressman Jerry Costello (D-IL) announced today that St. Clair County has been awarded formula grants from the U.S. Department of Housing and Urban Development (HUD). The funds will be used for the rehabilitation of homeowner and rental properties, including: water, sewer, street and other public service facility improvements, handicap accessibility and special needs housing and the clearance of unsafe structures. In addition, funds will help residents with down payment and closing-cost assistance.
“This funding will allow for improvements to facilities to better serve low-income families and to help them obtain safe and affordable housing, which is especially important as we continue to deal with the subprime mortgage crisis and economic downturn,” Costello said. “I strongly support HUD funds, which assist local housing authorities in their efforts to enhance public housing.”
Program Totals: |
|
|
St. Clair County |
|
|
American Dream Downpayment Initiative: |
$8,113 |
|
Community Development Block Grant: |
$2,130,425 |
|
HOME Investment Partnerships: |
$939,683 |
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