Several legislative acts since 2008, such as the Housing and Economic Recovery Act (HERA), and the American Recovery and Reinvestment Act (ARRA) provided billions of dollars for Neighborhood Stabilization Programs across the country. From the HERA program alone, the city of Dayton, Kettering, and Fairborn together received 29.3 million dollars; of that, 19 million went to Dayton, and they’ve used about 3.5 million to purchase and rehab foreclosed homes.
