Town-Financed Rehab

Some town and suburbs are playing a more active role by purchasing and rehabbing eyesores.

1 minute read

March 21, 2002, 6:00 AM PST

"A similar formula has caught in diverse suburban communities and some cities, including Milwaukee. It isn't always a financial success, but in some cases, town-financed rehabs seem to be working where traditional solutions such as letting private builders or nonprofits handle run-down homes haven't been enough...Cities large and small have struggled for years with the problem of abandoned homes, typically relying on nonprofit organizations, private developers, or partnerships between those groups and cities to find a redevelopment formula that works."

Thanks to Chris Steins

FULL STORY: Many towns play 'This Old House' when others won't

Wednesday, March 20, 2002 in The Christian Science Monitor

Community / Economic Development United States

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