The good news for the Preservation Program

“The final budget restores $4.2 million to the Neighborhood Preservation Program and $1.7 million to the Rural Preservation Program, ensuring critical housing, economic development and community renewal efforts aren’t neglected when they’re needed most. The budget also rejects an executive proposal to merge the Neighborhood Preservation and Rural Preservation programs, a move that would have negatively impacted the effectiveness of each program.”

That is,  contracts can be expected to be around the same amount as last year, with $150,000 provided for each coalition.  Funds were also added to Main Street, Housing Trust Fund and Access to Home.

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