Arizona gets $45.4M to stabilize communities with foreclosures -

Arizona gets $45.4M to stabilize communities with foreclosures - Local News - Phoenix, AZ - East Valley Tribune - msnbc.com:

"More federal dollars are headed for Arizona to help some communities deal with the ongoing problem of foreclosures.

The U.S. Department of Housing and Urban Development awarded nearly $45.4 million to the state, several cities and two counties which can be used to acquire, redevelop or demolish foreclosed properties.

Phoenix got the lion's share at more than $16 million.
But both Mesa and Maricopa County each got at least $4 million. Pinal County picked up more than $3.1 million. And Tucson is in line to receive slightly less than $2.1 million.

This is actually the third - and smallest - round of funding for foreclosure relief. Arizona picked up more than $255 million in two prior grants."

NOTE: See my post yesterday to read my views. Yeah Arizona - Boo Banks, And if you are fighting foreclosure you may want to attend the free seminar on Sept 15th.