I will also highlight some of the lessons we have learned in the last few years about effective neighborhood stabilization strategies, lessons that will be discussed in much greater detail throughout the course of this meeting.
Neighborhood stabilization Yvonne Means, a 74-year old resident of the southeast side of Cleveland, was recently interviewed for a National Public Radio story on that city’s efforts to combat the effects of foreclosure on its neighborhoods. Her story was a familiar one: foreclosed homes on her street are vacant and in disrepair, lawns are uncut, and weeds are taking over.