Ellen Belcher, who's filling in for Emily McCord, interviews Attorney General Mike DeWine about the $75 million he's awarding to counties in Ohio to tear down the tens of thousands of homes that have been foreclosed on and abandoned.
Montgomery County is eligible for $4 million; Greene County could get $700,000 and Clark County could take in $1 million.
Ellen Belcher, who is filling in for Emily McCord, interviews Jim Rokakis, one of Ohio's top experts on the foreclosure crisis and land banks. In Cuyahoga County and elsewhere across the country, communities are creating land banks to take possession of abandoned properties and to demolish the eyesores. Once a property is cleared, the land bank works to redevelop space that previously was a drag on the neighborhood -- and tax rolls. Montgomery County is in the process of creating its own land bank.
WARRENSVILLE HEIGHTS, Ohio (AP) - A bipartisan group of Ohio and Michigan members of Congress is asking President Barack Obama to help communities in the two states deal with abandoned and vacant homes.
In a letter dated Monday, the 16 lawmakers say stressed local governments need federal support to demolish decaying properties on a large scale.
The letter says weak housing markets in Ohio and Michigan have been devastated by slow population growth. The lawmakers say it's estimated Ohio has more than 70,000 empty homes in such bad shape that they need to be torn down.
Foreclosures are on the rise in the Dayton metro area, with Montgomery County having the highest numbers. This comes from the foreclosure filing company, Realty Trac.
Montgomery, Greene and Miami Counties saw a 30 percent increase in foreclosure filings in August from the same time a year ago. Montgomery County had the largest increase from 663 filings in August 2009, to 884 last month. University of Dayton economist Richard Stock says because of recent jobs loss, this doesn't come as a surprise.