Several Capital Region mayors gathered in Schenectady Thursday to discuss the housing sector challenges facing their cities.
The mayors’ roundtable was part of the day-long summit “Strengthening Cities, Communities & Homes.” Participants took part in discussions and heard from experts including leaders from the U.S. Department of Housing and Urban Development.
Authorities in Springfield, Massachusetts announced Monday they will begin enforcing anti-foreclosure regulations that survived a federal court challenge. An activist who had lobbied for passage of the new requirements more than two years ago lamented the slow pace of implementation.
A Hudson Valley nonprofit organization has released a report on housing in the region. The findings point to a major change when it comes to home ownership. The report points to a revision of the American Dream.
The top federal law enforcement official in Massachusetts highlighted efforts to enforce civil rights laws during a speech in Springfield on Friday. The U.S. Attorney for Massachusetts, Carmen Ortiz, was the keynote speaker at a conference marking the 45th anniversary of the passage of the Federal Fair Housing Act.
Efforts by residents of a low- income housing cooperative in Springfield, Massachusetts to recover from the June 2011 tornado have been dealt another setback. The U.S. Department of Housing and Urban Development , which funded the 90- unit complex nearly 40 years ago, is weighing foreclosure.
City councilors in Springfield Massachusetts have voted to reject a settlement with several banks over a foreclosure ordinance.
The vote means the city can implement the ordinance even if the banks continue to challenge its legality in the federal appeals court. The ordinance, passed in 2011, and upheld by a federal judge last year requires banks to post a$10,000 bond to maintain and secure vacant foreclosed property. City councilor Melvin Edwards said city taxpayers will no longer have to pay to eradicate the blight that results from foreclosure.
Community activists in several US cities are calling for changes in housing policies. They point to a shortage of affordable housing in the midst of a surplus of vacant, bank-foreclosed properties. One of the cities where anti-poverty activists point to what they see as a housing crisis is Springfield Massachusetts.
City Councilors in Springfield Massachusetts Monday night will consider changing a foreclosure ordinance to settle a lawsuit by several banks.
The change would exempt banks from having to post a $10,000 bond to secure and maintain foreclosed vacant property, if other conditions are met, including hiring a local property manager. A mediation program to help people at risk of losing their homes to foreclosure would be implemented. City Council Vice President Bud Williams said implementation of the ordinance has been blocked since it was passed almost two years ago.
The city of Springfield Massachusetts is considering changing a local ordinance that was hailed as a national model for addressing problems caused by foreclosures. Community activists, who championed the ordinance when it passed almost two years ago, accuse city officials of caving into the banks.