Neighborhood Stabilization Program –Finally!

Way back in March or April, I went to a seminar on how the city was going to use the $39 million in neighborhood stabilization grant money from the feds to help people purchase foreclosed property. One could get $15,000 toward a home.

The general feeling in the room was that the program was far too complicated for most people to take advantage.

That concern has been born out. See this post from the city. It has taken them since March to get one person through the process and another 60 qualified.

Don’t you get the sense that they could have done that a little differently?