Preventing Foreclosure in Cleveland

Detroit Public Radio is praising the Cleveland nonprofit community for pulling together in the name of rehab, demolition and prevention.

First, there’s Neighborhood Progress Inc., drawing on $6 million budget to rehabilitate homes, two-thirds of which is private money.

Then, there’s Case Western Reserve University’s Center on Urban Poverty and Community Development, which has compiled a database of homes in the city which shows which are vacant and which have high-cost loans.

Finally, ESOP (East Side Organizing Project) goes door to door offering troubled homeowners assistance. Their success rate: 80%.

Apparently, the foreclosure crisis effort in Detroit pales in comparison. Cleveland has been seen as a model in this arena for quite a while.

An ESOP worker making rounds.

An ESOP worker making rounds.

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Filed under Featured, The Housing Crisis

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