By Matt Roy | YourValley.net
Surprise officials are seeking public input on plans to reallocate federal funds to help improve one of the city’s oldest neighborhoods.
The money comes from the U.S. Department of Housing and Urban Development’s Neighborhood Stabilization Program, which was embraced by City Council in November 2008 and helped purchase foreclosed and abandoned homes at the height of the Great Recession.
Those homes, now rehabilitated and sold, generated a substantial profit, some of which officials hope to spend on a new affordable housing project and ongoing revitalization efforts in the Original Town Site (“Leaders share project plans; Developer details proposed 100-unit affordable housing project,” Surprise Today, July 4, 2018).
