This digital document is an article from The Register-Guard (Eugene, OR), published by The Register Guard on November 15, 2008. The length of the article is 577 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.
Citation Details
Title: Federal funds are to help stabilize neighborhoods hit by foreclosures.(City/Region)(The money will allow people to buy foreclosed homes)
Author: Gale Reference Team
Publication: The Register-Guard (Eugene, OR) (Newspaper)
Date: November 15, 2008
Publisher: The Register Guard
Page: B15
Distributed by Gale, a part of Cengage Learning
Excerpt. © Reprinted by permission. All rights reserved.
Byline: Andrea Damewood The Register-Guard
Though Oregon hasn't felt the sting of the foreclosure crisis as much as other states, Eugene and Springfield will receive federal funds to help shore up their neighborhoods hardest hit by foreclosures.
Prompted by "an alarming" increase in foreclosed and abandoned properties, the U.S. Department of Housing and Urban Development is distributing $3.92 billion in neighborhood stabilization grants to state and local governments nationwide, Springfield Housing Programs Specialist Kevin Ko said.
