Ohio Getting $175M in Stimulus Foreclosure Relief

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Ohio Getting $175M in Stimulus Foreclosure Relief

ABC News – Officials have announced $175 million in new federal stimulus money to help Ohio communities devastated by foreclosure and littered with abandoned properties.

At a news conference Thursday in Columbus, Housing Secretary Shaun Donovan said the money will be distributed through a program that seeks to turn foreclosed homes into affordable housing.

Democratic U.S. Sen. Sherrod Brown says the money will help "Main Street" recover from the nation's financial crisis.

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