Primary Recipient

RIO RANCHO, CITY OF

Amount

$84,497.00

Award Date

7/27/2009

Administering Agency

Housing and Urban Development, Department of

CDFA Number

14.253

CDFA Program Title

Community Development Block Grant ARRA Entitlement Grants (CDBG-R)(Recovery Act Funded)

Description

Down payment and closing cost assistance will be provided to qualified First Time Homebuyers. Each year, Financial Services staff shall identify and fund households that are low and/or moderate-income on a first-come, first-serve basis. The property mus