Waters Introduces Legislation to Rehab Foreclosed, Vacant, and Abandoned Properties


    WASHINGTON, D.C. – March 28, 2013 – (RealEstateRama) — Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, introduced the Project Rebuild Act of 2013 on Thursday afternoon. This legislation would provide funding for the rehabilitation of foreclosed and abandoned properties, helping to prevent the deterioration of neighborhoods which leads to plummeting housing prices and lower quality of life for residents.

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