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Articles in the The Housing Crisis Category

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[21 Apr 2010 | One Comment | ]

Here’s a movie I can’t wait to see: Cleveland vs. Wall St.
The documentary will be screened at the Cannes Film Festival, Reuters reports, and follows victims of foreclosure facing off against banks.
-KG
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Editorial, Good Ideas, regionalism, Rust Belt Blogs, The Housing Crisis, Urban Planning, Urban Poverty »

[14 Apr 2010 | One Comment | ]

Have you ever noticed, Obama likes to give his legislation long, convoluted names?
At the same time, this is an important one.
It might be more appropriately called Aid to Industrial Cities. (But obviously that might be politically sensitive. How does the old double-standard go again: farm aid = good, city aid = bad?) This piece of long-overdue legislation would establish competitive grants for revitalizing older industrial cities through the department of Housing and Urban Development. The Community Regeneration, Sustainability and Innovation Act would mostly help eliminate vacant housing, the profusion of …

Politics, The Housing Crisis, Urban Poverty »

[8 Apr 2010 | 3 Comments | ]

Ohio Governor Ted Strickland yesterday signed legislation that will make it easier for cities to take control of vacant and abandoned properties.
The land bank legislation was championed by Cuyahoga County officials and urban policy advocates alike. It will allow county governments to establish land banks to clear the title to foreclosed homes and begin the process of returning the property to productive use.
Many Ohio Cities have long operated their own land banks. However, without a strong legal framework, local efforts have been challenging.
The state law is modeled after a program …

Art, Economic Development, Headline, Real Estate, The Housing Crisis, Urban Planning »

[14 Feb 2010 | 5 Comments | ]
Ohio’s Poorest City: The Struggle to Remake East Cleveland

Great article in the Plain Dealer about the city East Cleveland–Ohio’s poorest city–its new mayor and the seemingly impossible task of turning it around.

Gary Norton is young (37) and well educated (he attended Morehouse College in Atlanta and earned his master’s degree in public administration at Cleveland State University’s Levin College of Urban Affairs). And that’s a big change in a city that has been characterized by political mismanagement and corruption. Former Mayor Emmanuel Onunwor was convicted on bribery charges in 2004.

Norton’s election has injected fresh hope in the largely black, inner-ring suburb of Cleveland, which has lost more than 1,500 homes to foreclosure in the past two years–about 500 per mile, the highest in the state.

Featured, Politics, The Housing Crisis »

[25 Jan 2010 | 2 Comments | ]
Youngstown Fights Grant Refusal

Youngstown residents have launched a campaign against the Department of Housing and Urban Development after losing out on grant money to help deal with the aftermath of the foreclosure crisis.
Local activists are circulating a petition protesting the region’s denial of the second round of Neighborhood Stabilization Funds–a program of the Stimulus Bill which provides funding for demolition, rehabilitation and landbanking efforts.
The denial came as a surprise after the Youngstown area was praised by the Brookings Institution for its application, which brought together city and suburban leaders.

-AS
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Featured, sprawl, The Housing Crisis, Urban Poverty »

[21 Jan 2010 | 8 Comments | ]
The New, Suburban, Face of Poverty

Between 2000 and 2008, large metropolitan areas saw their suburban poverty rates grow at twice the rate of inner cities, according to a new report by the Brookings Institution.
For example, in 2008, 23 percent more people were living in poverty outside the city of Cleveland’s borders than inside it. That’s a 44 percent jump since 2000, for a total of 9 percent of the suburban population. Meanwhile the number of poor in the city of Cleveland decreased, WCPN Ideastream reports.
Similar trends were reported in Akron and Youngstown.
Also of note:
-Social service …

Featured, The Housing Crisis, U.S. Auto Industry »

[17 Dec 2009 | No Comment | ]
Photo Tour: Youngstown in the Recession

The Washington Post sent Pulitzer Prize-winning photographer Michael Williamson and reporter Anne Hull to Youngstown and Warren recently to document how the recession is affecting former steel towns.
The pair found newly shuttered businesses and former industrial workers struggling to stay afloat in lower-paying, more-competitive, service-based economy.
The story begins at Uptown Gems where working class people come to sell their valuables following layoffs or pay reductions.
“At campaign time, they are celebrated as the people who built America,” Hull writes. “Now they just want to know how much they can get for …

Economic Development, Good Ideas, regionalism, Rust Belt Blogs, The Housing Crisis, The Media, U.S. Auto Industry »

[13 Oct 2009 | One Comment | ]

What can Las Vegas learn from the Rust Belt? Quite a bit, according to this article in the Las Vegas Sun.
Not to toot our own horn, but this story references Rust Wire, and our own Angie Schmitt!
I thought this story was well-written, and made an interesting comparison: though many wouldn’t think of it this way, Las Vegas and Detroit are both one-industry towns – Vegas’ industry of course, being tourism.
The author definitely did his homework- and talked to a number of knowledgeable folks in Cleveland, Pittsburgh, Detroit, Boston and elsewhere.
I …

architecture, Featured, Real Estate, The Housing Crisis »

[5 Oct 2009 | 11 Comments | ]
Buying my First House in Youngstown, Ohio

As many young adults do, I recently took upon the endeavor of buying my very first home. I began my search after many years (almost ten) of renting apartment after apartment, and then renting an entire house. I always enjoyed the freedom that comes with renting. An apartment felt like an over extended stay in a hotel room, it really wasn’t my place to begin with, I just stayed there for a while-I can leave anytime I want, or that is, when my lease ends. After some time, I started to see and hear the value of ownership from friends who became proud home owners.

I began my search in Youngstown, focusing on both the North and south sides of the city.

The Housing Crisis »

[2 Oct 2009 | No Comment | ]

In this video, Detroit residents rally to save their neighbor from foreclosure.
“The crime wave that is going on in this neighborhood is a crime wave by the banks that are evicting people unfairly instead of modifying their mortgages and doing everything they can to make sure they stay in their homes,” one neighbor says.
I wanted to note that the particular bank involved is Wells Fargo, one of the leading villains of the foreclosure crisis. In Cleveland this $25-million bailout recipient refuses to appear in court for code violations on its …