(ARRA) of 2009. Congress saw that HUD funds could be used to rehabilitate blighted structures into green, energy efficient buildings, build new rental housing, stabilize neighborhoods battered by the foreclosure crisis, and help people facing homelessness. At the same time, thousands of jobs could be created or saved. HUD staff had decades of experience in getting money out to its grantees, including local public housing authorities, state and local governments, and nonprofits. For HUD, business…
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