Effective use of grant money helps residents
Sterling city leaders deserve credit for winning a federal housing grant and using it effectively. Many neighborhoods, and lives, have been improved. Well done.
Three years ago, the city of Sterling received word that it and two partner cities, Rock Island and Moline, would receive an $18.5 million federal grant to help deal with foreclosed homes.
Sterling’s share of the Neighborhood Stabilization Program grant was nearly $2.8 million.
City officials hoped to be able to buy, rehab or rebuild, and sell 17 foreclosed homes to people with low or moderate incomes.
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