Admiral Commercial RE
RETAIL | OFFICE | INDUSTRIAL | MULTIFAMILY
2211 Elliott Ave, Ste 200, Seattle, WA 98121 | Phone: 800-550-0516 | Fax: 800-550-0517
HUD awards $5.1M for self-help homes
Posted on March 12, 2010
The U.S. Department of Housing and Urban Development last week awarded more than $5.1 million to Community Frameworks for self-help housing units in the Northwest. The nonprofit has offices in Bremerton and Spokane.
Community Frameworks plans to use the funds and volunteer labor to build at least 290 housing units in Washington, Idaho, Oregon and Montana.
It will make the HUD funds available to 26 affiliates to buy land and build or make necessary infrastructure improvements that support new construction and rehabilitation. Completed properties will be sold to low-income homebuyers who contribute a significant amount of sweat equity toward the construction of the unit.
The local grant was part of $26.5 million awarded to four organizations across the country to develop 1,500 self-help housing units.
Return to Website Home
Contributors
Recent Comments
Most Viewed Entries
Search
Subscribe to this Blog
