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The city of Conroe received a recent Christmas present worth nearly $400,000 in state funding that will go toward its largest housing initiative to help low-income residents.

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City gets $400K for low-income housing program (The Conroe Courier)

Local governments across New Jersey spent the last days of 2008 scrambling to assemble plans for how they would provide for affordable housing.

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Towns scramble to meet affordable housing deadline (Asbury Park Press)

The Treasury Department says it’s a challenge to understand how financial institutions participating in the $700 billion bank bailout program are using the capital they receive.

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Treasury: Monitoring bailout funds is ‘difficult’ (Market Watch)