Industry News

HUD awards ‘sweat equity’ real estate grants

Program to benefit 1,500 families
Published on Feb 24, 2006

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by CareyBot

HUD is awarding $24.8 million in so-called “sweat equity grants” to four national and regional organizations through the Department’s Self-Help Homeownership Opportunity Program, the agency announced Wednesday. Pamela Patenaude, HUD’s assistant secretary, said the grants will benefit about 1,500 families. ...