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Loan Modification

: Mortgage Lender Implode-o-Meter

City?s New Plan on Affordable Housing: Build Less, Preserve More

By Implode-Explode Heavy Industries

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"The revamped New Housing Marketplace Plan, as the initiative is called, will now cost $8.5 billion to create or preserve 165,000 affordable homes by 2014, city officials said. Most of the extra funds will come from the city?s Housing Development Corporation, which issues bonds for the housing."

Full post as published by Mortgage Lender Implode-o-Meter on February 22, 2010 (boomark / email).

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