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The numbers in Dakota County
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People/families on waiting lists for affordable homes in Dakota County:
• Senior Housing Program: 1,106
• Family Townhome Program: 1,757
• Scattered Site Public Housing Program: 2,562
• Housing Choice Voucher Program: 3,467
THE PROGRAM
Under the requirements of the Department of Housing and Urban Development (HUD), the local programs using the nearly $4 billion in new grant money should do one or more of the following:
• Acquire, rehab and sell foreclosed homes.
• Acquire, rehab and rent foreclosed homes, which would be owned by a nonprofit housing agency.
• Acquire and demolish blighted foreclosed homes, leaving a vacant lot for a new home.
• Provide financing in the form of down-payment help for homeowners to buy a foreclosed home.
Source: Dakota County Community Development Agency, 2008
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