Representative Waters of California introduced the Neighborhood Stabilization Act. This bill would create a $15 billion loan and grant program designed to assist in the purchasing and rehabilitating of vacated and foreclosed homes for low income rentals and owner occupants.
Additional information can be found here.
Related Florida real estate views:
New law may save your house
Florida attorneys offering free help to homeowners facing foreclosure
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- Greg Staker - Watson Realty Corp. - 407-304-0255
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