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Lake County’s plan for Neighborhood Stabilization Program available for public comment beginning Nov. 10

RELEASE DATE: November 7, 2008

TAVARES — A plan, created by the Lake County Department of Community Services, outlines proposed uses of Lake County's Neighborhood Stabilization Program allocation, which is anticipated at about $3.1 million. The plan will be available for public inspection and comment beginning Monday, Nov. 10, on Lake County’s Web site, www.lakecountyfl.gov.

Lake County is eligible to receive $3.1 million from the U.S. Department of Housing and Urban Development (HUD), Community Development Block Grant Program, under the Housing and Economic Recovery Act of 2008. The new Neighborhood Stabilization Program provides targeted emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities.

The proposed Lake County plan will be available to view until Tuesday, Nov. 25, when it will be presented to the Lake County Board of County Commissioners. Upon the Board’s direction, HUD will also review the plan before it can be implemented. All proposed activities in the plan will benefit low, moderate and middle-income persons as defined in Title III, Division B of the Housing and Economic Recovery Act, 2008.

For more information or questions about the plan, call Bill Gearing, Lake County Community Enhancement Coordinator, at (352) 742-6515 or e-mail wgearing@lakecountyfl.gov.

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Office: 352-343-9603; Cell: 352-455-0445
klafollette@lakecountyfl.gov

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