Blog: Recovery Act Funds Being Used To Improve Housing Market

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I was running errands last weekend and saw my first sign on the side of the road, next to some construction, that said, "This project was paid for by the American Reinvestment and Recovery Act of 2009."

The Treasury Department announced yesterday $268 million in American Recovery and Reinvestment Act (Recovery Act) funding will be used to spur the development of affordable housing units in Indiana, Missouri, Tennessee, and Washington D.C. This is the second round of money going to help HUD create affordable housing and provide jobs.

Where are you seeing the stimulus plan dollars at work in your community? Is it roads? New housing? New jobs? Are you seeing the effects at all?

Read the full story about the $268 Million More In Recovery Act Funds For Housing And Job Creation.

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Related Topics

• housing market, 
• HUD, 
• new construction, 
• recovery act

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