Saint Augustine's University Community Development Corporation Cuts RibbonWHAT: Saint Augustine's University held a ribbon cutting for 3 of its newly renovated properties as part of a $2.1 million Neighborhood Stabilization Program (NSP) grant on Monday, January 31st at 11a.m. NSP is an extension of the Housing and Economic Recovery Act (HERA) passed by President Barack Obama in July 2008. HERA’s mission is to stabilize neighborhoods ravaged by home abandonment and foreclosure; NSP houses are built for individuals or families whose income is considered low to medium income.WHEN: Monday, January 31, 2011, 11 a.m.WHERE: 114 Lincoln Court Raleigh, NCCONTACT: Tiffany Gladney, Communication Specialist516-5076 or
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