More than $27 million has been award to the county and cities in Broward County to assist communities struggling to reverse the effects of the foreclosure crisis. Here is the breakdown by county and city:
• Broward County $5,457,553
• Coral Springs $1,657,845
• Davie $1,171,166
• Deerfield Beach $1,183,897
• Fort Lauderdale $2,145,921
• Hollywood $2,433,001
• Lauderhill $1,500,609
• Margate $1,148,877
• Miramar $2,321,827
• Pembroke Pines $2,330,542
• Plantation $1,216,427
• Pompano Beach $1,500,572
• Sunrise $1,775,162
• Tamarac $1,427,857
The grants represent a third round of funding through HUD's Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to state and local governments to acquire, redevelop or demolish foreclosed properties.
"The key is to be smart with what we do with the rest of this money," said HUD Secretary Sims. "We want to protect America's communities and neighborhoods from the blight and abandonment that can occur with foreclosed properties."
A total of $1 billion dollars will be distributed nationwide. The state of Florida will receive an estimated $208 million, the largest award given to any single state in the country.
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