NYC gets Stimulus Funds
Mitch Hall in his NYC blog reported that NYC RECEIVING $20 MILLION IN STIMULUS FUNDS:
City Will Use Funds to Assist Homebuyers, Purchase and Renovate Foreclosed Units and Develop Vacant Sites
The grants were awarded competitively to applicants who developed the most innovative ideas to address the impact of the foreclosure crisis on local communities while demonstrating they have the capacity to be responsible stewards of taxpayer dollars. The City will use the funds to buy, renovate and resell foreclosed properties in the most-affected neighborhoods to low- and moderate-income families
It makes me wonder what is happening in Western New York and are we getting any of that stimulus funding to solve some of the worst vacant housing in our area. It has been reported that in Niagara Falls 1 in 5 homes are vacant, more people are moving away and organizations like Niagara Rises are struggling to make a difference.
There is a large number of homes that today sit vacant and are falling into disrepair, what if we were able to reclaim them and turn a negative into a positive. Community building seems a simple concept, but so difficult to enact. Niagara Rises has a lot of great ideas, why not get involved with the exciting group? Find out our plan to work with Niagara University and the City of Niagara Falls. Can’t make it in person — no problem! This meeting will be broadcast live on the Internet!
There next meeting is:
Tuesday, January 19, 2010
6-9pm
At the Niagara Broadcast Network Studio Pine Avenue/Hyde Park
RSVP on Facebook
Thinking of selling your Niagara Falls home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home. View additional WNY Market Area Statistics here.
All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
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