HUD’s $14.2 M Investment In Raleigh
WASHINGTON - This week, the U.S. Department of Housing and Urban Development (HUD) awarded the City of Raleigh, North Carolina a $14.2 million loan guarantee under Section 108 of the Housing and Community Development Act of 1974, as amended, for the Section 108 Loan Pool project. The City will use the loan proceeds for Section 108 eligible activities that meet the low- and moderate-income and elimination of slum and blight