Southeast Regional Library Expansion

16 02 2004

Bob Mathews Construction Company, the Westside contractor, has landed the library contract with the city of Jacksonville to renovate the Southeast Branch Library on 10599 Deerwood Park Boulevard.

Site clearing, addition and alterations for the Southeast Regional Library will include 12,710-square-foot addition, 38,478 square feet in alterations, 12,000 Square Foot Expansion, New Adult Learning Center Classroom, Relocation and 3,600 Square Foot Expansion of Children’s Area, New Children’s Story Room, New Circulation Desk, New Interior Book-Drop, Relocation of Conference Area, New Conference Room, 7,000 Square Foot Expansion of the Adult Reading Room, Security Improvements

Completion is expected Early 2005. For more info, visit www.betterjax.com





American Dream Downpayment Act

16 02 2004

The American Dream Downpayment Initiative (ADDI) was signed into law on December 16, 2003. The American Dream Downpayment Assistance Act authorizes up to $200 million annually for fiscal years 2004 – 2007. ADDI will provide funds to all fifty states and to local participating jurisdictions that have a population of at least 150,000 or will receive an allocation of at least $50,000 under the ADDI formula. ADDI will be administered as a part of the HOME Investment Partnerships Program, a formula grant program.

Though the American Dream Downpayment Act is now in effect, National Association of Realtors reports that funds for homebuyers may not be available until the spring. The initiative provides a maximum downpayment assistance grant of either $10,000 or 6% of the purchase price of home, whichever is greater. HUD expects the program will enable 40,000 Americans to buy a home.

For more info, visit: www.hug.gov








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