The numbers in Dakota County

November 5, 2008 at 1:11AM

People/families on waiting lists for affordable homes in Dakota County: • Senior Housing Program: 1,106

• Family Townhome Program: 1,757

• Scattered Site Public Housing Program: 2,562

• Housing Choice Voucher Program: 3,467

THE PROGRAM

Under the requirements of the Department of Housing and Urban Development (HUD), the local programs using the nearly $4 billion in new grant money should do one or more of the following:

• Acquire, rehab and sell foreclosed homes.

• Acquire, rehab and rent foreclosed homes, which would be owned by a nonprofit housing agency.

• Acquire and demolish blighted foreclosed homes, leaving a vacant lot for a new home.

• Provide financing in the form of down-payment help for homeowners to buy a foreclosed home.

Source: Dakota County Community Development Agency, 2008

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