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THE BUZZ IS GROWING: HORNETS JOIN NBA/FANNIE MAE PROGRAM

     The Hornets are the latest team to join the NBA's
partnership with Fannie Mae, the Federal Home Mortgage
Association.  As reported in THE SPORTS BUSINESS DAILY, several
NBA teams have joined the campaign to revitalize city
neighborhoods and promote low- and moderate-income home ownership
for families and minorities.  The Fannie Mae Foundation announced
a $75,000 grant to renovate two houses in one of Charlotte's
"most drug-infested" neighborhoods.  Hornets President Spencer
Stolpen said the program "allows the Hornets to expand and
broaden our contributions to the community that provides us with
so much support."  The Hornets will raise money to participate in
an education campaign and housing renovation (CHARLOTTE OBSERVER,
10/6).
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Related Topics:

NBA, New Orleans Pelicans

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