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Posted on Sun, Nov. 09, 2008

California county asking for $30 million in foreclosure help

Scott Jason | Merced Sun-Star

last updated: November 09, 2008 09:34:49 AM

MERCED, Calif. -- Merced County's leaders demanded Friday that the state give the area $30 million in foreclosure aid to help it restore neighborhoods wrecked by the housing market collapse.

As part of the Neighborhood Stabilization Program, California was given $145 million by the federal government to disburse to cities and counties. More than $300 million went directly to cities and counties.

Merced County and its cities weren't included in the round of funding direcly from the federal government.

Read the complete story at mercedsunstar.com