March 17, 2009

Enough is never enough

From the Boston Herald yesterday, click here. Here is part:

Massachusetts is launching an affordable housing program, giving a grant to a nonprofit that will allow community groups to renovate foreclosed properties.

Gov. Deval Patrick says the Department of Housing and Community Development is giving a $300,000 grant to the nonprofit Citizens’ Housing and Planning Association for the program. Patrick and U.S. Rep. Barney Frank, D-Mass., toured some of the properties in New Bedford, where the announcement came on Monday.

Officials say the association will act as a clearinghouse, connecting local community organizations to banks that own foreclosed homes. The organizations can then purchase the homes, upgrade them and make them available to low- and middle-income families


The key word here being "low and middle income families", which as we all know is low income housing.

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