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CONGRESSMAN COSTA ANNOUNCES COMMUNITY DEVELOPMENT FUNDS AWARDED TO KINGS COUNTY

June 25, 2007

Fresno, CA - Today, Congressman Jim Costa (CA-20)announced that $240,004 has been awarded to the City of Hanford from the Department of Housing andCommunity Development's HOME Investment Partnerships Program.

"Thesefunds play an integral role in creating and maintaining housing activities,"Congressman Costa said.

TheCity of Hanford'sFirst-Time Homebuyer Acquisition-Only Program is the beneficiary of thegrant. The entire amount, $240,004, willbe awarded to the First-Time Homebuyer program.

Thisgrant is part of nearly $95 million being awarded to help meet the affordablehousing needs of Californiafamilies. The HOME Program funds will beimplemented to support programs for homeownership, housing construction and housingrehabilitation.

"Affordablehousing is becoming difficult to attain for many families and this grant willbe key in providing housing options to those families," Costa concluded.