Foreclosure Resources Announcement
Councilmember Melvin Carter joined Minnesota Housing Commissioner Dan Bartholomay, Saint Paul Mayor Chris Coleman, Minneapolis Mayor R.T. Rybak, and other community development leaders in Frogtown to announce the award of 38.8 million dollars in Neighborhood Stabilization Funds to help neighborhoods hit hardest by foreclosure. 6.3 million dollars has been dedicated to the City of Saint Paul for emergency assistance in rehabilitation and redevelopment of homes in neighborhoods most severely impacted by vacancy and foreclosure.
The annoucement was made at 437 Sherburne, a vacant house within Ward 1 that had been stripped of copper piping and neglected, and is currently undergoing significant rehabilitation. Watch
the announcement here.
If you may be in danger of, or are facing foreclosure, the City of Saint Paul offers various resources and assistance through the Mortgage Foreclosure Prevention Program