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January 26, 2013
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IFC approves half-million for program to help state’s housing market recover

Investment in a multi-million dollar program designed to stabilize and rejuvenate Nevada’s housing markets, began Friday with the Interim Finance Committee’s approval of $498,295 to create a database.The program for underwater and foreclosed homeowners — dubbed the Nevada Home Retention Program — will be paid for by the $57 million Nevada received from the National Housing Settlement and the state’s own $30 million settlement with Bank of America over handling of the housing crisis over the past six years.In addition to the Attorney General’s Office, the Department of Business and Industry and the governor’s office are behind the effort, Attorney …

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The Nevada Appeal Updated Jan 26, 2013 03:30AM Published Jan 26, 2013 03:29AM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.