Altogether, the cities have been awarded $62.6 million in all three rounds.
According to the Minneapolis Star Tribune…
Recipients of the first-round money, awarded in late 2008, need to have it committed to projects by Monday or risk giving the money back. Minneapolis and St. Paul, which received $25 million combined in first-round awards, have met that goal, according to federal records and local officials.
The funding has been a win-win-win program for the Twin Cities. It has minimized homes left empty, optimized the improvements to home and increased employment in the areas.
Submitted by Minneapolis Realtor, Mary Rugani.