Primary Recipient

LOS ANGELES, CITY OF

Amount

$100,000,000.00

Award Date

2/11/2010

Administering Agency

Housing and Urban Development, Department of

CDFA Number

14.256

CDFA Program Title

Neighborhood Stabilization Program (Recovery Act Funded)

Description

From January 2007 to December 2009, 36,920 housing units (24,551 single-family and 4,045 multi-family properties) were foreclosed upon in Los Angeles. Due to an unemployment rate over 12%, the problem continues. The City of Los Angeles received $100 milli

Recipients Connected to Award

Recipient	Role	Amount
RESTORE NEIGHBORHOODS LA, INC.	Sub-recipient	$75,317,040.00
LOS ANGELES, CITY OF	Primary recipient	$24,682,960.00