United States of America

Affordable housing projects get state financial boost in the US

Published in Monday August 6th, 2012 In In the media

August 3rd, 2012 by Claire Bessette Several local projects, including a planned conversion of the historic Ponemah Mill in Norwich, will receive state grants or loans in a major affordable housing investment announced Thursday by Gov. Dannel P. Malloy. The Lofts at Ponemah Mills, a 116-unit project at the Taftville mill, was awarded $3 million […]

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AARP Study Say Ethnic Elders Slammed Hardest by Foreclosures

Published in Thursday July 19th, 2012 In In the media

19 de julho de 2012 The mortgage crisis has slammed every age group—especially the oldest Americans 75-plus—and has hit Latino and African American seniors and their families the hardest, according to a study being released today by AARP. About 1.5 million people ages 50 or older lost their homes to foreclosure from 2007 to 2011, […]

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In the US, 190 migrant workers to remain in vacant South Bend nursing home

Published in Monday July 16th, 2012 In In the media

July 14, 2012 A building once used as a nursing home has now been turned into housing for more than 150 migrant workers. The order to evict nearly 200 migrant workers from a former South Bend nursing home has been dropped. The about-face comes just one day after the city’s code enforcement department flexed its […]

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California foreclosure overhaul signed into law in the United States

Published in Thursday July 12th, 2012 In In the media

Last week, California lawmakers passed the legislation that would provide homeowners with some of the nation’s strongest protections from foreclosure and aggressive bank practices. For instance, seizing a home while the owner is negotiating to lower mortgage payments will be restricted. At a signing ceremony in downtown Los Angeles, Brown said that the measures were an important step for an economy still suffering the fallout of the subprime mortgage crisis and housing bust.

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In the US, affordable housing is still scarce according to experts

Published in Tuesday July 10th, 2012 In In the media

July 8, 2012 Official says public housing needs growing as market rents rise While there have been signs that the economy is picking up, lower income people are still finding it a challenge to find affordable housing, local experts say. The impact of the struggling economy has caused people to spend more on housing that […]

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In the US, homeless housing project sparks worry it could harm downtown business

Published in Tuesday July 10th, 2012 In In the media

July 9, 2012 A new apartment building, intended to bring stability to Bellingham’s worst homeless cases, has received local backing and is likely to be built – even as some local leaders worry the project would hurt downtown business. If the project is fully funded and built, the Catholic Housing Services project at 1100 Cornwall […]

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For black Americans, financial damage from subprime implosion is likely to last

Published in Sunday July 8th, 2012 In In the media

The implosion of the subprime lending market has left a scar on the finances of black Americans — one that not only has wiped out a generation of economic progress but could leave them at a financial disadvantage for decades. At issue are the largely invisible but profoundly influential three-digit credit scores that help determine who can buy a car, finance a college education or own a home. The scores are based on consumers’ financial history and suffer when they fall behind on their bills. For blacks, the picture since the recession has been particularly grim.

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In the US, California lawmakers pass historic foreclosure protections

Published in Tuesday July 3rd, 2012 In In the media

(Português) State lawmakers approve what would be the nation’s strongest legislation to help financially troubled borrowers stay in their homes. Gov. Jerry Brown is expected to sign them this week or next. The legislation would make California the first state to prohibit lenders from “dual tracking”, the practice of negotiating with clients to modify a mortgage so that payments become more affordable while simultaneously pursuing foreclosure.

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In the United States, more homeless evictions are expected

Published in Monday July 2nd, 2012 In In the media

July 1st, 2012 More cruel and heartless evictions of the homeless will take place in Fresno on July 16. The City of Fresno has budgeted $968,232 to demolish the Monterey Street Bridge which is the site of several homeless encampments. This bridge, which engineers say can no longer be used for automobile traffic, is currently […]

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Take Back the Land Madison video on housing liberation

Published in Monday July 2nd, 2012

Watch bellow one of the two videos made by Take Back the Land Madison. The group requests Bank of America to turn a home over to a community land trust so it can be used as affordable housing, instead of evicting their occupants. The other video is also available here, just click to read the entire post.

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