For Release: Wednesday, October 1, 2008
Contact: David Gillies: 202-225-5661

COSTELLO ANNOUNCES HUD GRANTS FOR MADISON COUNTY

Washington -U.S. Congressman Jerry Costello (D-IL) announced today that Madison County has been awarded formula grants from the U.S. Department of Housing and Urban Development (HUD). The funds will be used for the rehabilitation of homeowner and rental properties, including: water, sewer, street and other public service facility improvements, handicap accessibility and special needs housing and the clearance of unsafe structures. In addition, funds will help residents with down payment and closing-cost assistance.

“This funding will allow for improvements to facilities to better serve low-income families and to help them obtain safe and affordable housing,” Costello said. “These resources are particularly important as we continue to deal with the subprime mortgage crisis.”

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