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Community Action Receives Housing Preservation Grant

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Community Action Receives Housing Preservation Grant


Sep. 18, 2008

USDA Rural Development has awarded the Garrett County Community Action Committee a $35,377 Housing Preservation Grant to aid low-income homeowners, Senators Benjamin Cardin and Barbara Mikulski announced Tuesday.
"The poor state of our economy has squeezed many homeowners to the brink of their budgets, forcing them to choose between daily expenses and the very upkeep of their homes," Cardin said. "I am proud of grants like this that will make it possible for low-income homeowners to properly repair their homes, maintain their stake in the 'American dream,' and boost the entire community."

The grant will provide low interest or deferred loans to very low and low income homeowners to repair their homes and remove substandard conditions in Garrett County.

The Rural Development program was created to improve the economy and quality of life in rural America. The program helps support essential services and infrastructure improvements, and promotes economic development by supporting loans to businesses through banks and community-managed lending pools.

"I am committed to looking out for the day-to-day needs of Marylanders," said Mikulski. "This grant will mean safer and sturdier homes for more Garrett County residents."

Garrett County has an approximate population of 30,000 residents with a mean household income of $32,238. Additionally, there are 16,761 housing units in the county, Cardin noted.


If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Long & Foster Real Estate for all of your real estate needs! 877-563-5350

Posted by Cute at 9:13 PM

Labels: garrett county community action