Neighborhood Stabilization, $2 billion, (a/k/a ACORN Stimulus?)

Could this be the controversial “neighborhood stabilization” funds ($2 billion) that might make their way to ACORN?  The following is on page 86 of the “Joint Explanatory Statement of the Committee of Conference” (emphasis added):

The conference agreement provides $3,000,000,000, of which $1,000,000,000 is appropriated for the Community Development Block Grant program and $2,000,000,000 is available for the Neighborhood Stabilization Program. This funding is provided instead of the $5,190,000,000 proposed by the House. Funding was not provided in the Senate. The Neighborhood Stabilization Program funding will assist states, local governments, and nonprofits in the purchase and rehabilitation of foreclosed, vacant properties in order to create more affordable housing and reduce neighborhood blight.

The bill is headed to the White House for the President’s signature.

Meanwhile, ACORN issued this statement; could it be read as a “non-denial denial?”

UPDATE: Additional information is contained in this February 20, 2009 post.

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