Posts with tag blight

Foreclosures can devastate entire neighborhoods. In addition to leaving people homeless, foreclosed houses that sit empty often fall into disrepair, posing safety risks, lowering property vales and decreasing a community's tax revenues. Now, add a new problem to the list: giant raccoons. In Chicago, where there have been... Continue Reading »

It looks like one program looking to heal neighborhoods scarred by home loan foreclosures is doing some good, at least according to a growing stack of local newspaper clippings. The Federal Neighborhood Stabilization Program has handed out close to $6 billion so far to help fix the broken windows of abandoned and... Continue Reading »