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Public Statements

MA To Receive $12.4 Mil For Econ Development, Housing &Foreclosure Prevention Services

Press Release

By:
Date:
Location: Boston, MA

Senators John Kerry and Scott Brown, along with Congressmen Edward Markey, Barney Frank and Stephen F. Lynch, today announced that Massachusetts will receive more than $12.4 million from the U.S. Department of Housing and Urban Development (HUD) to support economic development projects, increase affordable housing opportunities, improve area homeless shelters and expand foreclosure and scam prevention services for homeowners across the state.

The funding was awarded through a number of HUD grant programs including the Community Development Block Grant (CDBG) Initiative, the Emergency Shelter Grant (ESG) Initiative, the HOME Initiative, and the Mortgage Modification and Mortgage Scam Assistance (MMMSA).

"This investment will create jobs and provide affordable housing for people across Massachusetts at a time when budgets are stretched to the limit," said Sen. Kerry.

"These funds will help provide businesses in our cities and towns the opportunities they need to thrive, and I am pleased our state is receiving them," said Sen. Brown.

"This vital block grant funding will help Massachusetts communities address the housing needs of their most economically vulnerable citizens. With the expansion of affordable housing options, the number of citizens living in stable and secure environment will be on the rise, giving families and individuals a safe and healthy place to call home," said Rep. Markey.

"I'm pleased that these funds will go to our cities to help them deal with the problems they face, but I regret that our country is currently giving more to cities in Afghanistan and Iraq with much less return. I will continue to work to reverse that ratio," said Rep. Frank.

"These HUD grants are a real investment in our communities. I am pleased to see this funding will help improve the quality of life for families throughout the Commonwealth," said Rep. Lynch.


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