The City of Santa Barbara has received a Block Grant that has been allocated to improve several community buildings. The biddable projects will include roofing and decking work at Franklin Center ($65,000), Haley Street Youth Sports Center ($25,000), and Ortega Welcome Center ($20,000).
Click here to read the press release and related documents.
As part of the economic stimulus package, Congress created a first time home buyers tax credit of $8,000 to be collected at tax time. However, the US Department of Housing and Urban Development (HUD) plans to allow FHA approved lenders to provide home buyers with the up front cash to be used as an immediate down payment at closing (rather than at tax time).
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