HUD grants to help reverse foreclosures
Times staff report
Posted: 02/02/2009 12:00:00 AM MST


EL PASO -- The U.S. Department of Housing and Urban Development announced Friday it will award $4 billion in grants to more than 250 cities and counties, including El Paso, to purchase foreclosed homes and help low-income buyers, according to a report in the San Antonio Express-News.
Under HUD's new Neighborhood Stabilization Program, $125.3 million will be split by El Paso, Arlington, Fort Worth, San Antonio, Tarrant County, and the state of Texas.

In El Paso, the program will allow El Paso to purchase and rehabilitate foreclosed or abandoned properties. It also will allow the city to demolish blighted structures and redevelop demolished or vacant sites.

http://www.elpasotimes.com/news/ci_11606920

I wonder if illegals qualify ???