September 30, 2013
WASHINGTON – U.S. Rep. Mike McIntyre, D-Elizabethtown, announced recently that $9,330,613 in federal funds has been released to make improvements to six different multi-family housing units in Bladen County.
“Making sure that citizens and families have a nice place to call home is a priority, and these federal funds will make a difference in improving lives and communities,” McIntyre said. “These are our taxpaying dollars coming home to make a difference, and this is a great day for Bladen County residents.”
The United States Department of Agriculture Rural Development has approved the following:
— $2,460,613 for Mercer Road Apartments
— $1,500,000 for Hill Estates
— $925,000 for Hilltop Estates
— $1,750,000 for Oak Estates
— $1,575,000 for Rosewood Estates
— $1,120,000 for Village Street
These federal funds will be used in combination with Low Income Housing Tax Credits to provide extensive rehabilitation to the 300 plus units of these multi-family housing complexes.