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  • Federal grants to be used to buy up South Florida foreclosures (Miami Herald)
    www.miamiherald.com
    The buyer of that ramshackle foreclosure down the street just might be the government. In coming months, South Florida cities and counties will be armed with more than $161 million in new federal grant money and a mandate to stabilize falling home values and decay in neighborhoods hardest hit by the real estate downturn.

 

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