Governor Blagojevich Designates State Agency to Administer $53 Million in Federal Funds to Help Stabilize Neighborhoods Devastated By Foreclosures
CHICAGO – As home foreclosures across the nation and state reach record levels and abandoned and foreclosed homes threaten to the stability and economic health of Illinois neighborhoods, Governor Rod R. Blagojevich today sent a letter to the U.S. Department of Housing and Urban Development (HUD) designating the Illinois Department of Human Services (IDHS) as the lead agency to administer more than $53 million in federal funds to help redevelop communities and address housing needs.
