Carolina Journal reported on Housing and Urban Development’s Neighborhood Stabilization Program in February. Today, Bev Perdue announced who gets what (from a governor’s office press release):
Gov. Bev Perdue today announced that 20 local governments, nonprofits and other organizations have received grant awards totaling $48.85 million under the new federal Neighborhood Stabilization Program developed late last year by the U.S. Department of Housing and Urban Development. The program?s purpose is to assist those areas hit hardest by the housing crisis.
?Foreclosures, subprime mortgages and mortgage defaults are hurting homeowners, families and our communities,? Perdue said. ?These new federal funds will go to communities most severely affected by the housing crisis and will be used effectively. I?m encouraging all participating organizations to collaborate in order to leverage these grant funds and make them go even further.?
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Forty-six NSP grant applications were submitted by Feb. 3. Of those, 11 local governments and six non-profits were funded for specific areas; the three statewide organizations selected will ensure the areas of greatest need in the 23 counties receive assistance. Brief program descriptions follow this release. Grant recipients:
Local Government Recipients: City of Raleigh, $2.5 million; Wake County, $2.5 million; City of Charlotte, $2.5 million; City of Greensboro, $2.5 million; City of Winston-Salem, $2.5 million; City of High Point, $2.5 million; City of Gastonia, $2 million; Henderson/Vance County, $2 million; City of Durham, $2 million; City of Rocky Mount, $2 million; City of Lexington, $2 million.
Non-profit Agency Recipients: St. Augustine, in Raleigh, $2 million; Charlotte Housing Authority, $2 million; Guilford Habitat for Humanity, $2 million; Forsyth Habitat for Humanity, $2 million; Passage Home (in Wake County), $2 million; Greensboro Housing Authority, $2 million.
Statewide Agency/intermediary Recipients: Self-Help Credit Union, $2.5 million; N.C. Community Development Initiative, $3.5 million; and N.C. Housing Finance Agency, $4 million.
Of note, no left-wing advocacy group was picked for the grants. At least one of the groups that applied for the money — the Community Reinvestment Association of North Carolina — pushes a liberal legislative agenda.