Friday, September 20, 2013

Next CAHA Meeting focuses on Foreclosures and the Land Bank

The next meeting of the Cuyahoga Affordable Housing Alliance is October 7 at 1:30 and will feature Bill Whitney of the Cuyahoga Land Bank and Lou Tisler of Neighborhood Housing Services.  Bill will give his regular update on the clean up of the foreclosure crisis in Cleveland.  The land bank is taking down shells of housing so that the land can be re-developed into parks, farm, or housing.  They are also working with a few community groups on creative solutions to the protect Cleveland neighborhoods going forward.  Recently, they were granted permission to use some of the foreclosure assistance money to take down more abandoned properties when the Treasury Department decided to allow the hardest hit fund to go to demolish housing.  This had been used to save people's homes and now it will be to wipe away abandoned housing.   Someday at CAHA after the foreclosure crisis is over we will have to discuss if the American dream of homeownership is now dead for millions of lower income families now that the housing bubble has burst and we taken down thousands of units of housing.  

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