10 Million dollars for foreclosure homes coming to Kent County?

I saw on Fox news last night that Kent County has applied for a 10 million dollar grant to "fix" the foreclosed homes in the area, and put construction crews back to work. 

This is very positive news for our area!  I am praying and hoping this grant makes its way to us. I am happy to see the city officials taking action.

We do need to make a grass roots effort in restoring the area's that have been hit hard by this declinging market.

10 Million may sound like a lot of money, but in reality it is only enough money for about 100 homes.  However if used wisely and spread it around to neighborhoods..........it could create a chain reaction and home owners that live in these neighborhoods will fix up their home as well, or maybe a home buyer will be more inclined to buy in the neighborhood as they can see the beginning of a "new" neighborhood.

To read the article on line click here.

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.