Nevada to receive $34 million in assistance, in addition to emergency loans
August 11, 2010
Las Vegas, LV- Nevada Senator Harry Reid today welcomed the news that the Department of Treasury will send $34 million to Nevada to help unemployed homeowners. The money will be used to help people who are in danger of foreclosure because they have lost their jobs and are still unemployed. This money comes from the Treasury's Hardest Hit Fund and will be directed to the NV Housing Division upon approval of their plan for using these monies. The Department of Housing and Urban Development also announced a program included in the Wall Street Reform bill that will assist these Nevadans by making available emergency zero-interest home loans for unemployed homeowners.