Article: Renovating Homes and Resident Services are Focus of Freddie Mac and Freddie Mac Foundation $5 Million New Orleans Investment.

Continued Commitment to Help Low and Middle-Income Families Rebuild Their Lives

NEW ORLEANS, June 15 /PRNewswire-FirstCall/ -- Freddie Mac and the Freddie Mac Foundation will continue their Katrina relief efforts by committing a combined $5 million to New Orleans, specifically to help rehabilitate and rebuild housing as well as provide needed resident services for many low- to moderate-income families to stabilize their lives. The company and Foundation will make investments in organizations throughout the next year to support on-going, innovative and effective efforts.

"Part of our mission is to play a stabilizing role for housing. That's why we ...

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