In Elk Grove, moderate-income buyers of foreclosed homes can get up to $30,000 in low-interest loans from the city to help make their purchases. In Roseville, city officials are crafting a down-payment assistance program aimed at buyers of bank-owned residential properties.
Business as usual? Hardly.
These are the efforts of cities working double-time to qualify for millions of dollars in economic recovery funds.
Tue, Jul 7, 2009
Crisis in the Valley