HUD announced fourgrants totaling $27.5 million to provide 270 affordable housing units and rental assistance for the elderly in Reseda, Sylmar, Moreno Valley and Bakersfield.
The funds are part of HUDs Section 202 program that provides housing assistance for the elderly. Cuomo made the announcement on the second day of a three-day tour of 20 cities in Southern California. Cuomo delivered Mondays keynote address in Los Angeles at Creating Partnerships for RenewedHope, a HUD-sponsored conference of community and faith-based organizations, public officials andbusiness leaders. Cuomos trip concludes Tuesday in Los Angeles at Closing the Gap: Investing in Americas Communities, an economic development conference that will focus on effective strategies, tools, and resources for creating partnerships that address the needs of Americas distressed communities.
Thanks to Abhijeet Chavan
FULL STORY: HUD No. 00-260
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