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A new foreclosures grant is poised to help the Lancaster County housing market.
As part of an initiative called the Neighborhood Stabilization Program, Lancaster County may soon receive enough money to redevelop several foreclosed homes in the area.
Developed by the U.S. Department of Housing and Urban Development and administered by the S.C. State Housing Finance and Development Authority, the program works to acquire and redevelop foreclosed homes so they don’t become a detriment to their surrounding neighborhoods and communities.
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