Nearly $50 million is headed to the Northern San Joaquin Valley to help people buy and renovate foreclosed homes.
That includes nearly $8.2 million for Modesto, $1.5 million for Turlock and more than $9.7 million for the rest of Stanislaus County.
Individual home buyers, real estate investors and contractors can get chunks of this federal money this spring to help them purchase, fix up and occupy foreclosed homes.
Getting a piece of the federal program
Do you want to know ways you can get a piece of the federal money headed to Stanislaus County to stabilize neighborhoods? The Bee and the City of Modesto are sponsoring a program that will help you do so. For more information, visit http://www.modbee.com/homeownership/
UPDATE – Workshop and expo schedule and details:
8 a.m. to noon homeownership training session:
This four-hour training session for adults only is for individual home buyers who want to be certified so they can qualify for Neighborhood Stabilization Program down payment and rehabilitation funds. A follow-up four hours of training will be needed to complete the certification requirement. This primarily is for middle- and low-income families who need financial assistance to buy their first home. Only those who register by May 10 can attend this training. Click here to register.
Noon to 5 p.m. workshop and homeownership conference:
This five-hour event for homebuyers, real estate investors and community members will include continuous workshops on various homeownership topics. Government agencies, community organizations and business professionals will host informational booths explaining home buying opportunities, funding and services. Families are welcome to attend all or part of this event.

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