Posted on 03/17/2009 5:57:42 AM PDT by Libloather
Patrick, Frank tour blighted New Bedford neighborhood
Officials launch new program to rehab foreclosed homes
By Steve Urbon
March 16, 2009 1:07 PM
NEW BEDFORD A statewide response to part of the national; housing crisis was unveiled late this morning in a blighted neighborhood in the near North End by U.S. Rep. Barney Frank, D-Mass., Gov. Deval Patrick and Mayor Scott Lang.
Accompanied by the citys state legislators, the three took a 45-minute tour of the area of Beetle, Tallman and North Front streets, eyeing abandoned or foreclosed property as city officials detailed the difficulties involved in turning the situation around.
The new initiative is being run through the non-profit Citizens House and Planning Association, Inc. CHAPA will serve as a match-maker between the owners of troubled properties usually banks and organizations and developers seeking to rehab them and return them to the low- and middle-income housing market, possibly whole blocks at a time.
The officials were mobbed by dozens of photographers and reporters, who also wanted to know more from Rep. Frank about the bonuses paid to what he called those miserable bastards at AIG after they took government bailout money.
Ha ha! I love the headline. I thought it meant that the Patrick-Frank Tour blighted the neighborhood!
They’re saying, “Gee, how did this happen?” That’s easy, the place is run by Democrats.
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