Housing grants and housing vacancies
Curious about which groups got what? You can find the grant list HERE. A big piece of the local pie went to the National Foundation for Credit Counseling in Silver Spring.
Meanwhile, the National Multi Housing Council says in a new research note that there are "approximately 825,000 excess vacant single-family houses and 125,000 excess vacant condos beyond normal vacancy levels" in the country. That doesn't count what it says are the "2 million excess existing houses and condos still occupied but on the market." It concludes:
Our view: we’re unlikely to be out of the woods until 2010 at the earliest.