A new Neighborhood Stabilization Program (NSP) is designed to help afflicted areas in making improvements to increase property values and improve areas in economic development.
"This program is to enable communities to purchase abandoned or foreclosed properties to either rehabilitate or build new houses," says Allegheny County Councilman Mike Finnerty. "They could demolish the residence." Allegheny County will receive $5.5 Million of the $3.92 Billion that were made available nationwide for this program.
Tuesday, December 9, 2008
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