Storms start to move out of Minnesota, continue for western Wisconsin

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Governor Tim Pawlenty says the federal
government will send nearly $58 million in grants to Minnesota to
help with the foreclosure mess.


      The money will be funneled through the state government, the
cities of Minneapolis and St. Paul and three counties, Hennepin,
Dakota and Anoka.


      The state will get most of the money - $38.8 million.


      The money was authorized in July when the Housing and Economic
Recovery Act of 2008 was signed into law. Pawlenty announced
Minnesota's take on Friday.


      The grants may be used to acquire land and property for
subsequent home ownership or rental opportunities. They can also be
used to demolish or rehabilitate abandoned properties or provide
financial assistance to low- to moderate-income home buyers.

Gallery

Gov. Tim Pawlenty says the federal government will send nearly $58 million in grants to Minnesota to
help with the foreclosure mess.

Minn. gets federal foreclosure money

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