HUD ANNOUNCES $27 MILLION FOR AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT IN NEW ORLEANS

NEW ORLEANS – U.S. Housing and Urban Development Secretary Alphonso Jackson today announced the City of New Orleans will receive more than $27 million to support community development and produce more affordable housing in the Big Easy. HUD’s annual funding will also provide downpayment assistance to first-time homebuyers; assist individuals and families who might otherwise be living on the streets; and offer real housing solutions for individuals with HIV/AIDS.

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