People/families on waiting lists for affordable homes in Dakota County: • Senior Housing Program: 1,106
The numbers in Dakota County
November 5, 2008 at 1:11AM
• 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