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Michigan to get $75 million more to fight blight

Michigan has divided more than $75 million in federal funding to fight blight among 12 cities, with Detroit getting about two-thirds of the money, as part of efforts to deal with vacant and.

“The EPA reached a point where additional cleanup might do more harm than good. Much of the river is still contaminated.” In May, Enbridge agreed to pay $75 million for its. ve chosen to do in.

It has sold more than 3,000 houses and returned properties worth more than $40 million. Michigan can only buy a home if they intend to live in it. That’s meant to block absentee speculators. People.

Saginaw winning blight fight, but ‘great need’ to do more, official says More than two years after it launched, an $11.2 million. Michigan State University Extension and the Ezekiel Project, a.

It’s not like we haven’t seen this sort of thing before. In the early 1900s, people who lived in the eastern U.S. watched chestnut blight, an exotic pathogen, roll through, killing large and small trees and altering the hardwood forest forever. A few decades later, Dutch elm disease.

Housing Recovery is Spelled R-E-O FHFA delays inevitable g-fee hike The FHFA has already more than doubled the g-fees Fannie and Freddie charge since they were placed into conservatorship in 2008. Watt was confirmed by the Senate to head the FHFA on Dec. 10 and is scheduled to be sworn-in on Jan. 6. His decision to delay the g-fee.While the Louisiana Recovery Resource Guide provides profiles for many. program_offices/housing/sfh/reo/goodn/.. correct spelling, punctuation, style,

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St. Joe Begins the Fight Against Blight. INDIANAPOLIS – St. Joe officials gathered today to watch a blighted property in their town, located at 607 Washington St. be demolished as part of Indiana’s Hardest Hit Fund Blight Elimination Program (BEP).. Statewide, the program has made a total of $75 million in blight elimination funds available to reduce foreclosures through stabilization of.

Rising interest rates may cut banks mortgage future short Decline in home prices to continue to 2011: clear capital citimortgage paying borrowers $12,000 after a short sale Qualify to Buy a New Home: Fannie Mae guidelines, issued in August of 2008, say a borrower may immediately buy another home after a short sale if the borrower was never delinquent, complies with its "excessive prior mortgage delinquency policy," and is not obligated to repay the short sale lender, including a deficiency judgment.Clear Capital, a company that provides property-value data to mortgage companies, feels that housing prices could decline by another 3.2% through the first quarter of 2012. According to Dr. Alex Villacorta, Director of Research and Analytics at Clear Capital, the housing market lacks the fundamentals needed to stabilize prices. · The Federal Reserve left interest rates unchanged and dialed back projections for further rate hikes in 2019, as inflation remains tame and economic growth slows. Officials also updated their.Potential felony charges make servicers pause Nevada foreclosures California, Colorado, Nevada, and Minnesota have each passed a Homeowner Bill of Rights that prohibits the dual tracking of foreclosures. This means servicers generally must make a decision to grant or deny a (typically) first-lien loss mitigation application before starting or continuing the foreclosure process. You must submit your application by a certain deadline to get protection from foreclosure under these laws.

Detroit – Michigan is splitting $75 million in federal funding between 12 cities, including nearly $50 million for Detroit, in its latest battle to reduce blight in the state, the governor’s.

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