| cl | | | | threat of foreclosure looms large for many |
| If one single thing comes to define the first two | | | | householders around the country. |
| decades of the new millennium, it could well turn out | | | | One particularly innovative scheme was launched last |
| to be that dreaded 'F-word' â foreclosure. | | | | year in Minneapolis, Minnesota. The express intention |
| Communities throughout North America have been, | | | | of this ground-breaking project, was to get buyers |
| and continue to be, devastated by this most onerous | | | | into houses in those areas most badly affected by |
| of social epidemics, and a failsafe antidote doesn't | | | | foreclosures. A rash of vacant homes was sweeping |
| look likely to appear any day soon. A number of | | | | across certain districts of the city, and in an effort to |
| programs, at both governmental and regional level, | | | | prevent these neighborhoods from slipping into |
| have been introduced to assist the growing number | | | | irreparable decline, incentives to assist with purchases |
| of homeowners in financial trouble. These initiatives | | | | were introduced. |
| have certainly helped in many cases but, still, the | | | | |