Obama Administration Launches $18 Billion HEMP Program - 04/01/11 03:07 PM
Today, the U.S. Senate passed S. 4256: Help for unEMployed People or HEMP.  The program is designed to help homeowners facing foreclosure, cities facing blight, and the unemployed from the construction sector of our economy.  
In phase one of the HEMP program, the government will start today purchasing foreclosed homes in depressed neighborhoods that are in foreclosure; eliminating shadow inventory.  $18 Billion Dollars has been set aside for acquisition and rehabilitation of residential real estate in the 50 hardest hit states as identified by the White House.  Then large teams of experienced unemployed laborers to rehab the properties with the … (5 comments)

 
Jon%20250 Rainmaker_large

Jonathan Osman (Charlotte House Hunter Group)

Charlotte, NC

More about me…

Keller Williams Realty

Address: 5925 Carnegie Blvd, Suite 102, Charlotte, NC, 28209

Office Phone: (704) 960-1725 x 100

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog