on December 18, 2008 by up in Foreclosures, Home Buying, Home Selling, News, Comments Off

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U.S. Housing and Urban Development Secretary Steve Preston awarded $26.5 million in “sweat equity grants” to produce at least 1,540 homes for lower income first-time homebuyers. Three non-profit housing providers will use HUD’s grants to construct or rehabilitate homes along with contributed labor from the homebuyers and volunteers.

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