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.
July 1st, 2010 at 4:07 pm
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