LI to get $5M to rehab foreclosure properties
Photo credit: Alan Raia | Several homes on Willow Street in Central Islip are boarded up after being foreclosed. (Dec. 9, 2008)
Long Island will get at least $5 million more to buy and rehab vacant foreclosures in the latest round of federal funding for neighborhoods slammed hardest by the real estate crisis.
In announcing the third round of grants Wednesday, federal and local officials went to a previously foreclosed property in Hempstead Village that was rescued by past funding and is expected to be home to a Hicksville...