Primary Recipient

HOUSING AUTHORITY OF THE CITY OF RENO

Amount

$20,995,000.00

Award Date

1/14/2010

Administering Agency

Housing and Urban Development, Department of

CDFA Number

14.256

CDFA Program Title

Neighborhood Stabilization Program (Recovery Act Funded)

Description

NEIGHBORHOOD STABILIZATION # 2 GRANT AWARDED TO ACQUIRE AND REHABILITATE APPROX 200 FORECLOSED PROPERTIES. OVER 25% OF THE PROGRAM INCOME AND TOTAL FUNDING WILL BE USED TO BENEFIT PERSONS WHO ARE UNDER 50% OF THE MEDIAN INCOME. THE REMAINDER WILL PROVIDE