Spartan
01-10-2011, 11:13 PM
Here I think is a potentially huge story:
http://newsok.com/neighborhood-stabilization-program-seeks-to-combat-foreclosures/article/3530655?custom_click=rss
We've seen neighborhoods like J. Park (still going at it) have huge success in rehabilitating properties themselves and sell them through federal home buyer programs. Now the city is doing it at a larger and faster scale in attempts to mitigate potential problems with foreclosed homes having adverse affects on neighborhoods like what happened to areas like Mesta Park the last time we went through this.
It's great to stem back a tide of reversal from all the progress we've made in the last two decades, and to turn it into positive energy that keeps the momentum moving for many of these neighborhoods. I wish it were possible for them to take a more targeted approach, and be able to look at some multi family properties (like the apt bldg behind Bruno's), but this is certainly positive enough. The city is definitely doing some of the right things with the inner city neighborhoods...the approach could really blossom if they coordinated it with some more high-profile things like streetscapes, trying to clean up main corridors, encouraging neighborhood identity, etc.
http://newsok.com/neighborhood-stabilization-program-seeks-to-combat-foreclosures/article/3530655?custom_click=rss
We've seen neighborhoods like J. Park (still going at it) have huge success in rehabilitating properties themselves and sell them through federal home buyer programs. Now the city is doing it at a larger and faster scale in attempts to mitigate potential problems with foreclosed homes having adverse affects on neighborhoods like what happened to areas like Mesta Park the last time we went through this.
It's great to stem back a tide of reversal from all the progress we've made in the last two decades, and to turn it into positive energy that keeps the momentum moving for many of these neighborhoods. I wish it were possible for them to take a more targeted approach, and be able to look at some multi family properties (like the apt bldg behind Bruno's), but this is certainly positive enough. The city is definitely doing some of the right things with the inner city neighborhoods...the approach could really blossom if they coordinated it with some more high-profile things like streetscapes, trying to clean up main corridors, encouraging neighborhood identity, etc.