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League City, Texas to receive $77,345 in HUD funds

By
Real Estate Agent with HatmakerGroup.com GMAC Real Estate

The City of League City, Texas announced it will be receiving $77,345 in funds from the U.S. Department of Housing and Urban Development. The funds should be received on or about July 20, 2009 and are part of the American Recovery and Reinvestment Act (ARRA) funding.

Funds may only be applied to projects eligible under current HUD regulations that meet one or more of the following objectives:

· Preserve or create jobs (permanent, seasonal or part-time)

· Assist those most impacted by the recession

· Provide investment needed to increase the area's economic recovery

· Provide investment in transportation, environmental protection, and other infrastructure projects that will provide long-term economic benefits

· Minimize or avoid reduction in essential City services

· Foster National energy independence by employing alternative energy sources or making current systems more energy efficient

With $70,345 of the money it receives, the City of League City plans to install sidewalks along Park Street from Walker to Main, and construction is to include the installation of energy-efficient lighting. $7,000 of the funds received will go to administering the program and managing the construction.

You may view a copy of the draft Amendment on the City's website, the front desk of City Hall and at the Planning and Development Department in Amegy Bank (303 E. Main). Residents had until 5:00 PM June 2, 2009 to comment on the planned use of funds, and all comments are included anonymously in the Amendment prior to delivery to HUD for approval.

For further information or updated information on these U.S. Department of Housing and Urban Development provided funds and their use, please call the city: 281-554-1080.

Eric Villaverde
DoubleTree Home Inspection Services L.L.C. - Phoenix, AZ

Thanks for sharing the housing information with me. I wish you all the best.

Jun 17, 2009 01:27 AM