Jefferson County is set to receive $6 million from the federal government to offset the effects of foreclosed homes, but none of that money is currently headed to South Jeffco.
Community Development Director Jacqui Pickett told the county commissioners March 3 that the county will get $6.01 million through the Neighborhood Stabilization Program. The money can be used to buy foreclosed or abandoned residential properties, redevelop them, and sell them to families that earn less than $86,000 annually (120 percent of Jeffco’s median income).
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