Occupy Atlanta Disrupts Monthly Foreclosure Auction – 12/06/2011
February 16, 2012
|
Posted by realty
On December 6th, 2011, Occupy Atlanta disrupted the auctioning of foreclosed homes, which happens the first Tuesday of every month on the steps of the Fulton County Courthouse. One protester was arrested. To comment on this video please go to: atlanta.indymedia.org
Video Rating: 5 / 5
The economy has caused many homes to become foreclosed or abandoned. As abandoned homes slide into disrepair, they make neighborhoods look less welcoming and decrease the value of the houses around them. It’s become clear that the cycle of falling home prices needs to stop. As a result, the City of Los Angeles’ Neighborhood Stabilization Program (NSP) is being implemented to reduce the number of vacant properties and stabilize home values in the Los Angeles area. With grants from the US Department of Housing and Urban Development (HUD), the Los Angeles Housing Department is rehabilitating abandoned or foreclosed homes in order to stabilize neighborhoods.
Categories: Leominster Homes
| 
Tags: 12/06/2011, Atlanta, Auction, Disrupts, Foreclosure, Monthly, Occupy