County To Buy, Fix Homes

Hillsborough County officials, in an effort to keep neighborhoods from deteriorating during tough economic times, want to buy and rehabilitate foreclosed homes. The endeavor is part of the county's Neighborhood Stabilization Program, created in line with the federal government's $3.9 billion Housing and Economic Recovery Act of 2008. The initiative was launched to halt community blight caused by the high number of foreclosures occurring across the country. Hillsborough is receiving $19.1 million for the program. It is focusing the money on three unincorporated areas: Palm River, Clair-Mel City and Progress Village; Orient Park, just west of Mango; and the University Area, near the University of South Florida.

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