Ohio Governor Strickland’s Fervent Appeal To Help Foreclosure Victims

Posted in Foreclosure Victims, September 21st, 2007 |

Ted Strickland, the Governor of Ohio has strongly appealed to non-profit community organizations to sort out the muddle in the foreclosure crisis. His speech was the focus in the annual conference of Ohio’s Community Development Corporation held in Quaker Square at Crown Plaza Hotel at the end of the week. The organization has always been working at the grass roots level in the entire locality. It is their experience and knowledge that is best suited to chalk out a plan of action, said Strickland. Right now the community desperately needs help. These bodies committed to the development of the community are non-profit groups have their base in the locality. They reach out to the low and medium income group.

The conference started on Tuesday and included in its programme workshops on affordable housing projects, lending on payday, rapacious lending practices, prevention of foreclosure and also safety measures for the entire neighbourhood and locality. Strickland underlined the fact that the present crisis has never before happened and therefore SOS teams at all levels of the administration must immediately gear up for prompt and effective action. The exploits must filter down to each blade of grass that has been pressed under by the foreclosure steamroller. It must start from the federal level and then climb down to all the lower branches and points.

Earlier in September the Ohio Foreclosure Prevention Task Force made 27 suggestions meant for borrowers, lenders and consumer counseling groups. The call was given to government self-help teams and local bodies asking them for their intervention. The lenders and loan service providers were told to find out viable avenues of escape without harming anybody.

Governor Strickland’s administration has set up an office for urban development and its related infrastructure. The purpose is to directly link the state government with mayors, members of the city council and city planners. This would lead to more cohesive action. The office would be able to point out to the state government the specific gray areas relating to promoting jobs and improvement in the overall infrastructure. Strickland was very categorical and forthright in his speech saying the revitalizing is not just pushing on the old to chug along but is about creating an atmosphere where the people will want to stay and continue to live lighting the fires of their homes and hearts.