Letter To The Honorable Jim Gibbons, Governor Of The State Of Nevada
Letter
Titus Letter to Gibbons Encourages State to Move Quickly with a Plan for Housing Funds
Congresswoman Dina Titus of Nevada's Third District sent a letter to Governor Gibbons this morning urging the state to act quickly to develop a plan for the housing money recently announced by President Obama while he was in Las Vegas.
Below is the text of the letter.
February 25, 2010
The Honorable Jim Gibbons
Governor
State Capitol
101 N. Carson Street
Carson City, NV 89701
Dear Governor Gibbons,
As you know, last week in Las Vegas President Barack Obama announced that his Administration will be providing $1.5 billion in assistance for states that have been hardest hit by the foreclosure crisis. These funds will be allocated to states where the average housing price has fallen 20 percent or more.
In the next few weeks, the Department of The Treasury will announce the maximum funding that each state will be able to receive. Because our state is ground zero for the foreclosure crisis, I am confident that our state will be eligible for a significant portion of this funding. As local housing authorities in Southern Nevada learned through the second round of funding for the Neighborhood Stabilization Program, however, simply being eligible for and in need of funding are not enough to ensure receipt.
I write to you today to ask that you do all in your power to ensure that the Nevada Housing Division is capable and ready to submit an excellent application for this critical funding. Receiving these funds will be vital to helping families in Southern Nevada avoid foreclosure and stay in their homes. As our residents struggle with high unemployment and record foreclosure, we cannot afford to leave a penny on the table.
My office is ready to offer any assistance that your administration believes will be helpful as you prepare these applications. Please consider my office a resource and an advocate throughout this process.
Sincerely,
Dina Titus
Member of Congress
C.c. Charles L. Horsey III, Administrator, Nevada Housing Division
Source