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Parkland to get $35,000 foreclosure assistance

While Coral Springs will get more than $3.4 million from the federal department of Housing and Urban Development under the Neighborhood Stabilization Program, Parkland’s share of the pie will be only $35,000.

The money is to be used to offset the effect of foreclosed homes within the city. While six cities in Broward County will get the money directly, the amount set aside for smaller cities such as Parkland will be distributed throughout the county.

The Parkland City Commission recently discussed the issue.

“The amount for each municipality is decided based on population and the number of foreclosed homes in the area,” said City Manager Caryn Gardner-Young. “Some of the municipalities have said they want direct control of the money, but that carries considerable administrative costs.”

Mayor Michael Udine said he is in favor of the city getting the money through the county. “Since our city is so small, it doesn’t pay for us to hire an administrator [to implement the program]. The money will still be spent in Parkland; they will listen to our ideas.”

POSTED IN: Parkland (57)

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About The Reporter

ARUN SIVASANKARANARUN SIVASANKARAN
Arun Sivasankaran has covered Coral Springs and Parkland for the Coral Springs Forum since February 2007. Before...

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