March 16, 2011

HUD Statement on House Passage of the NSP Termination Act (H.R. 861)

Written by:

“The Neighborhood Stabilization Program is investing in hard-hit communities struggling to reverse the effects of the foreclosure crisis. Across the country, this program is already positively impacting property prices and turning houses that would be abandoned back into homes for American families. We cannot afford to turn back the progress we’ve made in these neighborhoods. To cut off funding just as this program is taking root would be counterproductive.”

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