September 23, 2009 – (RealEstateRama) — U.S. Senator Olympia J. Snowe and U.S. Senator Susan Collins today announced that the U.S. Department of Housing and Urban Development has awarded $876,120 in homelessness prevention grant funding to the City of Portland. The funding will be used to help re-house families who have fallen into homelessness in Maine.The funding is being distributed through the American Recovery and Reinvestment Act of 2009. Senators Snowe and Collins worked with a bipartisan group of senators to craft the legislation that became law in February.
“The current economic crisis has threatened the financial health of thousands of Mainers, leaving many of our hard working families unable to pay their mortgages and forcing them to leave their homes,” said Senators Snowe and Collins in a joint statement. “This funding will provide the City of Portland with the resources they need to curb the hardships of homelessness and help ensure families have access to safe and stable homes during their time of need.”
The funding will be used to provide short-and-medium-term rental assistance and services to either prevent individuals and families from becoming homeless or help those experiencing homelessness to be quickly re-housed and stabilized.