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NEWS RELEASE
City Hall
1565 First Street
Sarasota, FL 34236

For Immediate Release: January 22, 2010

HUD PRESENTS $23 MILLION
TO SARASOTA HOUSING OFFICE

 

Sarasota, FL: The U.S. Department of Housing and Urban Development will present a $23 million check to the City of Sarasota and the Sarasota Office of Housing and Community Development for neighborhood stabilization programs Wed., January 27, 2010 at 12:30 pm at Janie’s Garden Community Center, 2350 Central Ave. The ceremony is open to the public.

The Sarasota City Commission and the Sarasota Board of County Commissioners will be on hand when the director of the HUD Tampa field office presents the $23 million check to Mayor Richard Clapp.

The grant money is earmarked for the North Sarasota area for four specific uses:

• Purchase, rehabilitate and sell 100 foreclosed houses
• Construction of Janie’s Garden Phase III public housing project million
• Construction of 17 houses on vacant property
• Purchase and raze dilapidated houses

Funded through the American Recovery and Reinvestment Act, the grant emphasizes the redevelopment of economically depressed areas and jobs creation. The rehabilitation of more than 100 houses and the construction of Janie’s Garden Phase III will boost employment in the local construction industry.

For more information contact Don Hadsell, Office of Housing and Community Development: donald.hadsell@sarasotagov.com

To learn more about HUD’s Neighborhood Stabilization Program visit: www.hud.gov

 

For more information, please contact:
Jan Thornburg, Public Information Officer (941) 954-2613
jan.thornburg@sarasotagov.com
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