Thursday, June 23, 2011

ANR featured in today's Orange County Register article announcing $1.3 million award of Neighborhood Stabilization Program Funds for City of Santa Ana

OC REGISTER - June 23rd, 2011

The City of Santa Ana has selected ANR Homes, Inc. to help it revive neighborhoods hard hit by foreclosures and abandoned properties. The Santa Fe Springs-based firm will administer $1.3 million in U.S. Department of Housing and Urban Development funds that are part of the third round of the federal Neighborhood Stabilization Program. The money will be used to purchase and rehabilitate foreclosed homes, which will be available to home buyers who meet income requirements. In the last 2 years, the program in Santa Ana has rehabbed and sold to qualified buyers more than 42 homes, including several multi-family units and a vacant lot, which is being developed into a 35-unit apartment building.

To find out more about the program and see what homes are available for sale, please visit www.santaanahomeownership.org.

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